Finance Committee reviews FY27 budget on conservative growth estimate.
Finance Committee reviews Fiscal Year 2027 budget on conservative growth assumptions. Town Manager John Curran presented the framework using a $1 million new growth estimate, setting a total property tax levy limit of $122,015,275 and projecting a $400,000 increase in local aid. Library Director
Finance Committee · Meeting of February 2, 2026
TEWKSBURY — Finance Committee reviews Fiscal Year 2027 budget on conservative growth assumptions. Town Manager John Curran presented the framework using a $1 million new growth estimate, setting a total property tax levy limit of $122,015,275 and projecting a $400,000 increase in local aid. Library Director Diane Giarrusso reported a 5.2 percent budget increase driven by cost-of-living adjustments, while the Elections budget rose $80,000 to cover additional balloting and machine maintenance.
Curran flagged ongoing budgetary strain from the town's MBTA Communities Act noncompliance, which has resulted in lost grants and state litigation.
In the full story:
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Source: the Finance Committee meeting of February 2, 2026, compiled from the official minutes.
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