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Select board moves $109,900 school-assessment decrease into salary reserve for FY27
Summary
The board voted to move a $109,900 decrease in the school assessment into the select board’s salary reserve (Line 22) for FY27, a change that will not alter the bottom-line budget but preserves funds for pending union negotiations.
The Townsend Select Board on May 5 approved moving a $109,900 decrease in the school assessment into the select board’s salary reserve for fiscal year 2027.
Sarah Logan moved to transfer the school-assessment decrease into Line 22 (board salary reserve/contract); Laura Shiffren seconded. The board recorded affirmative roll-call votes. Town staff explained that the adjustment keeps the town’s bottom-line budget unchanged while setting aside funds to cover possible increases related to four pending union negotiations.
Board members said unused funds would return to free cash after allocations are finalized and that the proposed use could include cost-of-living adjustments or steps in contracts. The transcript notes the new FY27 line item number as $109,900 and that the overall municipal total remains unchanged at the figure cited during discussion.
The board’s vote followed a school committee revision to the assessment that slightly reduced the town’s required contribution; the Select Board used the adjustment to fund the salary-reserve bucket rather than lower the overall budget lines that would affect tax-rate calculation.
