The Fiscal Year 2025 Town Manager Recommended Budget is now available online. A more in depth presentation will take place at the next Select Board meeting on Tuesday February 13th at 7pm in the Gala Meeting Room at Town Hall.
The overall balanced budget is proposed to increase by 3.50%, achieving the goal set by the Board with the caveat that we are awaiting certain fixed cost elements, which are always finalized late in this process. Once the estimates for Health Insurance and Property/Liability are finalized, we suggest that any potential savings be managed cautiously with the goal of minimizing reliance on available Free Cash.
Below is a breakdown detailing the increases/decreases by function, contributing to the overall $3,269,411 (3.50%) increase in the Operating Budget.
|
General Government
|
$44,927
|
0.95%
|
|
Public Safety
|
$583,542
|
5.09%
|
|
Education
|
$1,448,201
|
3.49%
|
|
Public Works
|
$59,646
|
2.21%
|
|
Human Services
|
($5,336)
|
-0.4%
|
|
Library
|
$32,003
|
2.58%
|
|
Debt Services
|
($156,308)
|
-4.58%
|
|
Insurance & Other
|
$1,124,550
|
6.24%
|
|
Enterprise Funds
|
$138,186
|
1.54$
|
|
TOTAL
|
$3,269,411
|
3.5%
|
Click Here to view the Fiscal Year 2025 Budget Book