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Acton finance committee reviews FY2026 first‑quarter report; collections and debt service highlighted
Summary
Budget director Ellie Anderson reported Q1 FY2026 collections through September — $29.79M in property taxes (25.85% of target) and mixed results across enterprise and revolving funds — and explained a higher first‑quarter sewer expenditure share tied to new debt service for the sewer plant rehabilitation.
Ellie Anderson, Acton’s budget director, presented the Town of Acton’s FY2026 first‑quarter financial report, covering results through September. Anderson said the town has collected $29,787,000 in property taxes, representing 25.85% of the annual target, $292,000 in state aid (17.7% of that target) and just over $1,000,000 in local receipts (16.84% of a $6.5 million target). She told the Finance Committee that free cash has been submitted to the Department of Revenue and that last year’s certification was $5.1 million.
Anderson summarized general fund spending and enterprise and revolving fund activity. The FY2026 operating budget totals $40.8 million, with $13.6 million spent year to date (33.36%). She cautioned that first‑quarter percentages can appear high because the Middlesex County retirement assessment is paid in full on July 1.
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