Free Cash and FY27 Capital Plan

Context

Certified free cash is ~$2.8M (within 1% of last year); ~$1.9M allocated and ~$900K left for snow/ice and spring. Stabilization is 12.47% of the FY27 budget (policy 10%); AA+ rating; debt planning at 4-5%; target tax increase 3.5% ($180 for an average single-family home); ~$2M unused excess levy capacity. Water/sewer retained earnings ~$1M and ~$2.4M, with a $25K sewer office renovation added. Capital plan revised: police parking lot out, $500K senior center study in, stabilization transfers $100K/$50K.

Status

Capital plan feeds the October 19, 2026 Special Town Meeting; see Special Town Meeting Warrant - October 19, 2026.

Log

• 2026-09-16 - Finance Committee Meeting — Free cash certification explained; capital plan revised.