Selectmen Back School Appropriation; Board Debates $5.0M Free Cash Draw
The Board recommended Warrant Article #6, approving the school appropriation requests and a $5,015,080 Free Cash appropriation; discussion focused on Free Cash levels, potential borrowing costs, and recent $1.8 million budget reductions by the School Committee.
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At the May 26 meeting the Board of Selectmen recommended Warrant Article #6, which contains the FY27 school appropriation requests. Town Manager Kate Hodges summarized Part One as an appropriation request of $42,290,784 with a total appropriation request of $65,556,440, and Part Two as a Free Cash appropriation of $5,015,080.
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