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Town establishes debt‑service/capital stabilization fund and transfers $360,000
5780442 · September 17, 2025
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Summary
Voters created a special stabilization fund for debt service and capital projects and approved a $360,000 transfer into it, aiming to smooth rising debt service in coming years.
Town meeting voted to create a special‑purpose stabilization fund for debt service and capital projects under General Laws chapter 40, section 5B and to transfer $360,000 into that fund from a special revenue reserve for appropriation.
The motion was presented as a means to smooth increases in debt service…
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