Government
Op-Ed: Board of Finance Budget Update
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[Todd Lavieri is chair of the Board of Finance.]
Once again, working collaboratively with each department, we met the primary financial goals we established at the beginning of our budget review. Working with the Board of Selectmen’s proposed budget of July 2026 – June 2027, we reduced the amount raised by taxation by $3.0 million, we cut capital expenses by $4.0 million, and we reduced the taxpayer-supported capital (not bonded), by $1.2 million. That helped us push the Town-wide expense increase down to 2.3%. The amount raised by taxation is currently projected to increase 3.4% to cover increased expenses and a decrease in non-taxation revenues. The Board of Education budget increased 3% year over year.


