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Appropriations Committee: budget gap narrows after Select Board raises bag fees
Summary
At the March 10 Appropriations Committee meeting, Finance Director Jason Little said a Select Board decision to raise town bag fees will yield about $187,000 toward closing the budget gap; the committee requested more detail on debt projections and a five-year forecast to include in its report.
The Town of Northborough Appropriations Committee met March 10 and received a budget update from Finance Director Jason Little, who said the Select Board’s recent decision to raise solid-waste bag fees will generate about $187,000 in additional revenue for the fiscal-year budget.
“We’ve narrowed the remaining budget gap through that, by a $187,000 and lowered the … general fund subsidy,” said Jason Little, finance director. Little told members the fee change, which takes effect July 1, and other adjustments have materially tightened the budget and allowed the model to show a balanced budget without an override.
The committee discussed the Financial Planning Committee’s final report, which Little said consolidates…
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