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Finance committee: Yarmouth's FY26 budget "balanced"; capital plan highlights wastewater, water and fire staffing

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Summary

At a March 4 public hearing, the Yarmouth Finance Committee and Capital Budget Committee reviewed the town's proposed FY2026 operating and capital budgets, recommending most warrant articles while flagging several large capital projects and a planned property-tax override to fund fire-department staffing increases.

Good evening. The Yarmouth Finance Committee opened a four-part public hearing on the town's operating budget and capital improvement plan (CIP), saying the proposed FY2026 budget is balanced while outlining major cost drivers and capital projects.

Finance Committee Chair Richard Simon led the discussion and said the document he and the committee reviewed meets charter and state requirements and that the committee's review will inform Town Meeting voters. "Yarmouth's proposed budget for the fiscal year 2026 is balanced and its financial affairs are being very well managed by the town officials," Simon said. He summarized three overarching priorities that guided the committee's review: financial stability, workforce development and infrastructure.

The nut graf: the committees identified significant capital demands tied to wastewater, water and municipal facilities and recommended using free cash and bonding strategically while preserving reserves. The committee reported a vote of 7-0 to recommend 25 of the 34 warrant articles that appropriate funds;…

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