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Windsor officials report $100,000 revenue shortfall, $300,000 overspend for FY2026
Summary
Town managers told the Selectboard that Windsor faces a roughly $100,000 revenue shortfall and about $300,000 in overspending for fiscal 2026, and that $1,020,000 has been loaned from capital and reserve accounts to the General Fund. Leaders presented options including converting loans to permanent allocations or formal loan agreements.
Chair T. Howard convened the Town of Windsor Selectboard on June 2, 2026, where Town staff laid out a layered budget problem for fiscal 2026. T. Marsh and N. Culma told the board the town faced “a revenue short fall of $100,000.00 for current fiscal year 2026; Expenses are running about $300,000.00 over for fiscal year 2026,” and described $1,020,000 in cumulative loans from capital and reserve funds to the General Fund.
Marsh and Culma detailed that the capital fund had $560,000 allocated and had lent roughly $555,000 over time, while the reserve held $586,000 of which $465,000 had been loaned to the General Fund; delinquent taxes were reported at $620,000. Officials presented three remedial options: convert the loans into a permanent allocation to the General Fund; adopt a formal loan agreement with scheduled repayments (terms considered from five to 50 years); or split the approach across funds. Marsh also noted the town has bonding authorization to cover roughly $600,000 in dam expenses and that borrowing that amount could add an estimated $35,000 a year in debt service.
