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Norwood finance commission debates using $7.7 million in free cash to balance FY27 budget
Summary
Finance director Jeff O'Neil told the Norwood Finance Commission the proposed FY27 plan relies on $7.7 million in free cash; commissioners debated whether that approach is sustainable, discussed possible cuts, and asked for clearer materials for town meeting members ahead of March hearings.
The Norwood Finance Commission spent much of its Feb. 12 meeting weighing whether to use $7,700,000 in one-time free cash to preserve current services in the town—udget for fiscal year 2027.
Finance Director Jeff O'Neil told commissioners the current FY27 proposal incorporates about $7.7 million in free cash to maintain "level services." He said the proposal was built on several one-time and temporary items — including dispatch funding that was previously grant-supported and the absorption of an $85,000…
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