Budget Meeting Chooses Projects for Next Year

A $34.66 Million Fiscal Landscape

The town’s Select Board and Finance Committee convened to deliberate over new project allocations, scrutinizing a $34.66 million budget—a $1.83 million decrease from last year’s spending plan.

A staggering 57% ($16.47 million) of the budget is earmarked for the local school district, reflecting the town’s commitment to education.

The Operational Deficit

While $11.01 million in revenue is projected for day-to-day governance, operational costs hit $13.3 million, creating a $2.28 million shortfall. Fortunately, the town holds $3.83 million in free cash reserves, easily covering the gap and leaving $1.55 million for new initiatives.

Capital Projects: A $1 Million Allocation

With the town typically reserving $500,000–$900,000 in free cash annually, this year’s leftover funds allow for approximately $1 million in capital expenditures.

The Approved Wish List: $783,600 in New Projects

From a pool of $6.53 million in requested funding—including a hefty $4 million for road repairs—the committee greenlit a fraction of proposals after 90 minutes of review.

The Selected Investments

Public Safety Upgrades: New equipment for police and fire departments.
Infrastructure: Minor road repairs and a town hall boiler replacement.
Fleet Expansion: New trucks to enhance municipal operations.
Water System: A water line extension to improve service.

Off-Budget Expenditures

Some projects, like water department initiatives, bypass the capital budget entirely, drawing from retained earnings. Meanwhile, smaller purchases—such as buoys and a new mower—will be funded through revolving departmental accounts.

The School District’s Fate

The committee’s lengthy deliberation on the school district’s request concluded without a final decision, with further updates promised later in the week.