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Sharon Board of Finance reviews financing proposals, budget timetable and opioid fund options
Summary
The BOF reviewed BOS financials to Dec. 31, asked questions about school tuition, learned a fourth financing proposal for capital projects had been received, and discussed possible uses of opioid funds including the Northwest Community Foundation and the Sharon Ambulance Squad; the board set calendar deadlines for the budget process.
The Sharon Board of Finance met on Jan. 20 to review the towns financial position and prepare for the upcoming budget season. Members examined the Board of Selectmens financials through Dec. 31, questioned how school tuition figures are calculated (including how many students are covered and the dollar amounts) and asked Vice Chairman Fowler to follow up with Sharon Center School Principal Dr. OReilly for details.
Mr. Hecht told the Board the fourth financing proposal for capital projects has been received. He said all proposals will be reviewed on Friday and a recommendation will be forwarded to the Board of Selectmen. The Board did not vote on a financing option at the meeting; review and recommendation were described as the next steps.
Mrs. Pastre said she had limited information about opioid settlement funds but indicated some of the funds might be directed to the Northwest Community Foundation and the Sharon Ambulance Squad, subject to the settlements expenditure guidelines. Board members noted that any distribution of opioid funds must follow the applicable spending rules.
The Board reviewed and confirmed the budget calendar for FY 2026–27: budget requests are due to the Board of Selectmen by Feb. 13; the BOS will hold budget workshops and then present BOS and BOE budgets to the BOF on March 17; the BOF will meet in special session to review and recommend changes; the public budget hearing is scheduled for April 24; Town Meeting to adopt the budget is May 8, after which the BOF will meet to set the mill rate.
Procedural motions at the Jan. 20 meeting were routine: Mr. Bartram moved to adopt the agenda (Mrs. Pastre seconded) and the motion passed unanimously; Mr. Hecht moved to approve minutes of 1/13/26, 1/6/26, 12/22/25 and 12/16/25 (Mrs. Robertson seconded) and the Board approved them unanimously. Mr. Hecht later moved to adjourn; Mrs. Pastre seconded and the meeting ended at 8:01 p.m.
The Board did not decide whether to hold a February meeting at this session.
