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Finance committee reviews and advances Nantucket county budget for fiscal 2027
Summary
The Finance Committee reviewed the county portion of the town budget Jan. 27, hearing a presentation from town CFO Brian Turbot on projected revenues, expenses and investment income before approving the county budget as presented and scheduling further budget-review meetings.
The Finance Committee met Jan. 27 and reviewed the proposed Nantucket county budget for fiscal 2027, hearing a detailed presentation from Brian Turbot, the town chief financial officer.
Turbot told the committee the county’s statutory funding requirement (maintenance-of-effort) for the registry of deeds is $250,155 for fiscal 2027. Projected revenue items in the packet included deeds excise tax receipts of $637,500 (allocated in the materials as $382,500 for county administration and $255,000 for…
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