Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Fy2026 Budget topic
No spam. Unsubscribe anytime.
Londonderry Selectboard reviews FY2026 draft budget; town-wide tax revenues projected to rise 8.06%
Summary
Town Treasurer Tina Labeau presented the draft FY2026 General Fund budget showing a proposed increase to $3,090,067 (10.52%). Officials and residents discussed tax impacts, with projected tax revenues rising from $2,536,496 to $2,740,887 (8.06%); one resident estimated the net tax increase at roughly 3% after key adjustments.
Town Treasurer Tina Labeau reviewed the town’s draft fiscal year 2026 revenue and expense budgets at the Londonderry Selectboard’s special meeting on Jan. 13, 2025, telling the board the General Fund expense budget in the draft rises from $2,795,959 to $3,090,067, a 10.52% increase.
Labeau also presented projected revenues other than property taxes, which increase from $978,260 to $1,066,524 (9.92%). She said that, if all appropriations and the budget were approved as presented, tax revenues would increase from $2,536,496 to $2,740,887, a difference of $305,991 (8.06%).
Resident Barry Randell urged the board to examine expenditure reductions, saying there have been increases year-over-year with few decreases. Resident James Wilbur spoke in support of the Highway Department’s budgeted operations. Town resident William Sinsigalli noted that after subtracting increases for the equipment reserve, trash hauling, Champion Fire contribution and debt service, the effective tax increase would be about 3%.
Board members and staff discussed the town’s reserve funds, with Labeau noting those reserves are accounted for in the Town Report and explaining their role in smoothing budget peaks and valleys. The Selectboard agreed to make adjustments to the proposed budget for further review and expected final consideration at its next regular meeting.
The board did not take a final vote on the FY2026 budget at the Jan. 13 special meeting; members directed staff to return revised figures for the Jan. 20, 2025 regular meeting.
