Board approves FY 2027 budget of $173.4 million with modest surplus.
Tewksbury Select Board previews FY 2027 balanced budget with modest surplus. Town Manager John Curran presented a $173,397,347 budget forecast, including $52,602,541 in town appropriations (up 3.553 percent), with the bulk of growth driven by health insurance, retirement costs, and cost-of-living
Select Board · Meeting of January 27, 2026
Tewksbury Select Board previews FY 2027 balanced budget with modest surplus. Town Manager John Curran presented a $173,397,347 budget forecast, including $52,602,541 in town appropriations (up 3.553 percent), with the bulk of growth driven by health insurance, retirement costs, and cost-of-living adjustments totaling roughly $1.9 million. The tax levy increase of $4,453,882 translates to $326 on an average single-family home valued at $685,000.
The board unanimously approved Common Victualler and Liquor licenses for Anthony's Roast Beef and Main Street Sports Grille under new ownership, and accepted donations totaling over $2,100 for senior and veteran programs and the community food pantry. The stabilization fund stands at $20,068,257, or 14.40 percent of the FY 25 budget, with town officials aiming for a 10 percent target to strengthen the town's AA+ bond rating.
In the full story:
- The complete report — 505 words
Source: the Select Board meeting of January 27, 2026, compiled from the official minutes.
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