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Select Board approves $655,000 in FY26 transfers; state supplemental funds will wipe out snow‑and‑ice deficit
Summary
The board approved $655,000 in fiscal year‑end town manager transfers to cover deficits including a $339,210 snow‑and‑ice salary shortfall; the town will use a $247,293.86 share of a state supplemental distribution to eliminate the snow‑and‑ice deficit.
The Foxborough Select Board approved year‑end transfers on June 23 to balance fiscal‑year 2026 budgets, moving a total of $655,000 within town accounts to cover unexpected costs.
Town Manager and finance staff outlined the largest transfers: roughly $339,210 in salary costs tied to winter snow‑and‑ice response; increases for police salary reallocations ($64,000), higher fuel and electricity costs, ambulance and audit expenses, solid waste contract changes, and $16,000 in debt‑service interest tied to a recent bond sale. Finance staff said the snow‑and‑ice deficit alone accounts for about 52% of the transfers.
Finance staff explained the town will use a distribution from the state governor’s supplemental budget—Foxborough’s share is $247,293.86—to eliminate the remaining snow‑and‑ice deficit. Staff described other offsetting items, including reimbursements from federal grants (SAFER and others) and benefits surpluses driven by turnover and unfilled positions, which together produced the remaining surplus to cover transfers.
A board member moved to approve the FY26 year‑end town manager transfers; the motion was seconded and approved by voice vote with no recorded opposition.
Town staff will incorporate these transfers into the finalized fiscal records for FY26 and report back to the Select Board as part of the regular budget closeout process.
