Braintree CPC reports $8.24 million year-end balance, approves $3,500 coalition dues

The Town of Braintree Community Preservation Committee opened its annual public hearing Sept. 29 to present fiscal year 2025 financial results, review completed and ongoing projects funded under the Community Preservation Act and take several administrative votes, including approval of a $3,500 annual membership fee to the Community Preservation Coalition.

The committee reported a beginning FY25 fund balance of about $7.9 million (as of July 1, 2024), total FY25 revenue of $1.25 million (local surcharge plus the state match), FY25 expenditures of $904,632.64, administrative expenditures of $35,095.54, and a fund balance on June 30, 2025, of $8,235,101.63. Committee staff said prior appropriations/encumbrances totaled $2,684,109, leaving roughly $5.5 million available for appropriation as of July 1, 2025.

"I thought that [the Armstrong Dam Trail photo] was really fitting," said Liz Manning, Planning and Community Development staff who presented the report. "I saw a family enjoying the new boardwalk — it's incredible how quickly the natural environment just kind of populates and comes back." Manning, who delivered the financial overview and project updates, also noted that the town has now collected just over $20 million in CPA funds since adoption in February 2003.

Projects…