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Northborough Select Board backs using $700,000 of reserves as FY2027 shortfall looms
Summary
Facing an estimated $1.33 million budget gap for fiscal 2027, the Northborough Select Board voted Feb. 23 to apply $700,000 of unassigned free cash to the budget and directed staff to pursue fee and plan‑design changes to avoid a larger override next year.
At its Feb. 23 meeting the Town of Northborough Select Board voted to support applying $700,000 of unassigned free cash toward projected FY2027 budget shortfalls and directed town staff to incorporate that approach into budget development.
“Right now we’re still looking at an unfunded $1,330,000 budget shortfall,” Finance Director Jason told the board during a detailed presentation of five‑year projections and current assumptions. He said the gap reflected several factors including the end of a SAFER grant that had funded firefighters, ongoing debt commitments, increased school transportation and special‑education…
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