Belchertown Finance Committee Drains Reserve Fund, Approves $45,400 Legal Transfer
Belchertown Finance Committee zeroes out its reserve fund and approves five budget transfers to close out fiscal year 2026.
Topic
Finance Committee
Members: Brian Gibbons, Richard Kowal, Katie Longley, Jill Rossi
Belchertown Finance Committee Approves All FY27 Budget Warrant Articles 4-0
Belchertown Finance Committee unanimously approved all financial warrant articles for the town's $69,389,027 fiscal year 2027 budget at its April 17 meeting.
Finance Committee approves FY27 budget recommendation and reserve transfers.
Finance Committee accepts FY27 budgets and approves $23.6M in reserve transfers. Chair Brian Gibbons and the committee reviewed town and school budget documents previously approved by the Select Board, noting Belchertown ranks fifth in tax rate among ten comparable area municipalities. The
Belchertown Finance Committee Approves $23,600 in Reserve Fund Transfers
Belchertown Finance Committee approves $23,600 in reserve fund transfers and debates future of vacant Tadgell School.
Finance Committee Approves Free Cash Distribution Shift for FY27 Budget
Finance Committee approves 50-50 free cash split for FY27 budget. The panel unanimously backed Chair Brian Gibbons and Town Manager Steve Williams's shift from the historical 40-60 distribution to a 50-50 split between the stabilization fund and operating budget. The committee also voted