The majority of the meeting focused on FY2027 revenue projections, including discussion of the methodology and assumptions used in setting local receipts for budgeted revenue. PowerPoint slides used during the discussion are attached.
The Committee also received an update on the financing plan for the Berkley Community School, including the status of the delayed FY2024 Single Audit and the timing of the Town’s bond rating call.
Additional discussion included:
- Consideration of new policy additions
- A brief FY2027 budget update, including preliminary information on health insurance rate ranges and discussion of the anticipated path forward