Town Budget Subcommittee elects Stevens chair, reviews FY26 free cash certification.
Select Board · Meeting of March 11, 2026
MAYNARD — Town Budget Subcommittee unanimously elects Mike Stevens as chair and confirms $2.1M in available free cash. Town Administrator Gregory Johnson reported the revised total — up from an initial $714,809 Department of Revenue certification — after securing a recertification adding $489,337 and identifying $111,709 in unclaimed project balances plus $800,437 in DPW funds. The FY27 General Fund budget is balanced following lower-than-expected health insurance costs at 10.4 percent versus the 15 percent initial projection.
Water and sewer rate increases for a Rockland Treatment Plant project range from 5 percent to 47 percent depending on bonding and design funding decisions.
In the full story:
- The complete report — 347 words
Source: the Select Board meeting of March 11, 2026, reported from the official video recording and transcript.
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