Finance Committee reviews water rate increase proposal, $3M infrastructure borrowing
Finance Committee · Meeting of March 30, 2026
MAYNARD — Finance Committee reviews water rate increase, $3M infrastructure borrowing. Director of Public Works Justin DeMarco presented fiscal 2027 water and sewer enterprise fund budgets to the committee, citing declining consumption but rising fixed costs and employee benefits necessitating a rate increase. A lightning strike at Maynard's Rockland water facility reduced town capacity, further stressing reserves.
The committee reviewed multiple water articles for April's Annual Town Meeting, including Article V to authorize $3 million borrowing for infrastructure design and Article W to direct a $152,000 PFAS settlement transfer to the Water Improvement Fund.
In the full story:
- The complete report — 214 words
Source: the Finance Committee meeting of March 30, 2026, reported from the official video recording and transcript.
Keep reading with a 14-day free trial
Subscribe to Maynard News to keep reading this post and get 14 days of free access to the full post archives.
A subscription gets you:
- Subscriber-only posts and full archive
- Post comments and join the community
- 24x7 access to local news