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Tisbury FinCom recommends $44.66 million FY27 operating budget amid dissent
Summary
The Tisbury FinCom recommended a $44,656,486 Fiscal Year 2027 operating budget on a 3-1-1 vote, while members expressed concern about unresolved Free Cash, levy capacity and union-contract impacts on future overrides.
On April 1, 2026 the Tisbury Finance & Advisory Committee voted 3-1-1 to recommend the Fiscal Year 2027 operating budget of $44,656,486. The vote came after extended discussion about incomplete department-level budget detail, an 8 percent health-insurance increase, and new union contracts affecting costs.
Committee members cautioned that the Town had not closed FY25 and Free Cash remained uncertain; the Finance Department reported only a small $50,000 levy cushion absent a Martha's Vineyard Commission assessment. Members warned that relying on optimistic Free Cash assumptions could force a larger override in coming years, and recommended stronger financial transparency and a five-year remediation plan for voters. The FinCom asked staff to prepare clearer levy and Free Cash estimates ahead of Town Meeting.
