Finance Committee sets 3.25% COLA for FY28
The Finance Committee voted 6-2 to recommend a 3.25% cost-of-living raise for fiscal 2028 and unanimously approved flat budget guidance.
The Finance Committee voted 6-2 to recommend a 3.25% cost-of-living raise for fiscal 2028 and unanimously approved flat budget guidance.
Sherborn Advisory Committee approves $11,000 in year-end transfers and learns Finance Director will retire in September.
SHERBORN -- June 17, 2026, Sherborn Advisory Committee approves $147,000 in year-end interdepartmental transfers to cover fiscal year 2026 overages across eight departments. The committee voted unanimously Wednesday under Massachusetts General Law Chapter
SHERBORN -- April 15, 2026, Sherborn Advisory Committee debates new guardrails on deficit spending ahead of tight fiscal year. Finance Director Deb presented the nine-month expenditure report at the April 15 meeting, showing seven
Sherborn's Finance Committee approved three reserve fund transfers and signaled it will recommend cutting the Recreation Department's general fund appropriation in half at its March 18 meeting.
SHERBORN -- March 18, 2026, Sherborn Advisory Committee recommends $50,000 recreation appropriation ahead of Saturday warrant hearing. The committee, meeting Wednesday with six of seven members present, agreed informally to recommend a $50,000
SHERBORN -- March 11, 2026, Sherborn advisory and capital panels approve roughly $2 million in exempt borrowing for FY27, as one member resigns over Select Board remarks. At a joint session March 11, the Advisory
SHERBORN -- March 4, 2026, Sherborn Advisory Committee reviews FY27 budget with only $96,000 in excess levy capacity remaining. Finance Director Jeremy presented a consolidated budget rollup to the eight-member committee Wednesday showing
Sherborn's Advisory Committee heard a revised FY27 budget that would avoid a Proposition 2.5 override — but only barely.
Sherborn Advisory Committee pressed department heads on overspending and fee structures during a wide-ranging FY27 budget review.
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