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Sudbury manager warns of FY27–28 deficits, outlines $3M ‘what‑if’ to stabilize budgets
Summary
Town Manager Andy Sheehan told the Select Board that Sudbury’s finances are balanced through FY26 but projected deficits of roughly $678,000 in FY27 and $2.3 million in FY28, driven by rising fixed costs (insurance, benefits) and possible regional dispatch assessments; officials discussed options including a multi‑year override, fee changes, and service prioritization.
Town Manager Andy Sheehan and finance staff presented a five‑year forecast to the Sudbury Select Board on Nov. 19 that shows the town balanced through fiscal 2026 but facing mounting shortfalls thereafter, largely because fixed costs are rising faster than revenues governed by Proposition 2½.
Sheehan told the board Sudbury remains in solid fiscal condition in many respects — S&P Global recently affirmed a triple‑A rating, the town’s OPEB balance is roughly $16 million, stabilization reserves are approaching $6 million, and certified free cash is about $7.2 million. But the forecast, which projects revenues and known expenditures through 2028, shows a gap of about $678,000 in fiscal 2027 and about $2.3 million in fiscal 2028 under present assumptions.
Why it matters: fixed costs…
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