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Hubbardston CPC adopts modest upward adjustment to FY2027 CPA projections and authorizes warrant drafting
Summary
The Community Preservation Committee voted to adopt slightly higher FY2027 revenue projections (a suggested step up to 105% of the prior conservative estimate) and to maintain the typical bucket split; members authorized a committee member to draft warrant-language for town meeting submission.
The Town of Hubbardston Community Preservation Committee voted to accept draft FY2027 CPA revenue projections and bucket allocations, endorsing a modest step-up from the previous conservative estimate and authorizing a member to draft the town-warrant language.
A committee member explained the CP2 form and the method for estimating the state match, saying communities should "use the 15.5% figure to estimate their November 2026 trust fund distribution" by multiplying prior-year local surcharge revenue by 15.5. The CP2-based review of recent revenue and interest trends prompted members to recommend using about 105% of the prior estimate rather than flatlining the figure.
Members debated bucket allocations and settled on the commonly used split (approximately 65% undesignated, 10% open space, 10% historic, 10% community housing, 5% administrative) while acknowledging the state uses conservative numbers. The committee agreed it was reasonable to increase the projection slightly to better match current trends, with finance staff to confirm final figures.
The committee voted to accept the FY2027 projections and then unanimously authorized Susan (member identified in attendance) to draft the warrant article language and submit it to the town administrator and legal review before the warrant closes. The chair emphasized that final appropriation still requires voter approval at town meeting and that no spending will occur until voters authorize it.
Next steps: Susan will draft the warrant wording and circulate it to the committee and town staff for legal and administrative review ahead of the warrant deadline.
