Acushnet Board Tackles Budget Deficit; Considers Creative Financing

The Acushnet Board of Selectmen meeting focused on addressing a budget deficit exceeding one million dollars and exploring various approaches to manage town finances for the fiscal year 2024-25. Key discussions revolved around potential cuts in larger department budgets, strategies for reducing the deficit, and creative financing options, including the handling of a lease agreement with Old Colony and the possibility of a meal tax to secure future revenues.

During the meeting, members of the board approved flat or increased funding for several department budgets due to contractual obligations or increased operational costs. For instance, the Forestry budget saw an increase of $5,500 to address the removal of dead trees, while the Recreation and Historical Commission budgets were raised due to energy cost hikes. Meanwhile, the Trash budget increased by $71,200, primarily due to a contractual fuel surcharge.

The board highlighted the importance of scrutinizing larger budgets for potential savings, given the substantial deficit and the significant increase in public safety spending from contract negotiations. The Town Administrator and the board emphasized the need to maintain fiscal responsibility and avoid excessive spending that could lead to higher taxation in the following year.

There was also a discussion about a revolving fund for soil previously established and the continuation of this initiative in the new warrant. Additionally, the topic of creative financing surfaced, including a proposal to address the budget deficit by utilizing a one-time funding source to offset an upcoming lease expiration with Old Colony, which could reduce the deficit by approximately 10%.

Other finance-related topics included the potential to retire school debt early, the consideration of a meals tax as a future revenue stream, and the importance of looking ahead with a multi-year financial outlook. The board expressed a commitment to present a balanced budget to the town meeting, with further budget discussions slated for the next meeting on April 30th.

Note: This meeting summary was generated by AI, which can occasionally misspell names, misattribute actions, and state inaccuracies. This summary is intended to be a starting point and you should review the meeting record linked above before acting on anything you read. If we got something wrong, let us know. We’re working every day to improve our process in pursuit of universal local government transparency.
Town Administrator:
James Kelley
City Council Officials:
Kevin A. Gaspar, Sr., Robert Hinckley, David Wojnar

Receive debriefs about local meetings in your inbox weekly:

Trending meetings
across the country:

Meeting Date
Filter by bodytypes
Agricultural Advisory Committee
Airport Advisory Board
Art and Culture Board
Beach Committee
Bike and Pedestrian Advisory Committee
Board of Elections
Board of Health
Borough Council
Building Committee
Cannabis Control Board
Cemetery Commission
Charter Revision Commission
Child and Family Services Board
City Council
City Identity Committee
Code Enforcement Board
College Board of Trustees
Community Appearance Board
Community Preservation Committee
Community Redevelopment Agency
County Council
Disability Advisory Committee
Economic Development Board
Elderly Affairs Board
Electric Advisory Board
Environmental Commission
Financial Oversight Board
Historic Preservation Commission
Housing Authority
Human Relations Committee
Human Resources Committee
Insurance Fund
Land Use Board
Library Board
Licensing Board
Mental Health Commission
Municipal Alliance
Open Space Commission
Oversight and Review Committee
Parent Advisory Board
Parking Authority
Parks and Gardens Commission
Parks Commission
Pension Board
Planning Board
Police Review Board
Port Authority
Property Assessment Board
Public Safety Committee
Recreation Commission
Redevelopment Agency
Rent Control Board
Rent Leveling Board
School Board
Sewerage Authority
Shade Tree Commission
Special Magistrate
Taxation & Revenue Advisory Committee
Tourism Board
Trails Committee
Transportation Board
Utility Board
Value Adjustment Board
Veterans Committee
Water Control Board
Women's Advisory Committee
Youth Advisory Committee
Zoning Board
Filter by County
FL
Bay County
Bradford County
Brevard County
Broward County
Clay County
Duval County
Escambia County
Gulf County
Hendry County
Highlands County
Hillsborough County
Indian River County
Lake County
Lee County
Leon County
Levy County
Liberty County
Manatee County
Marion County
Martin County
Miami-Dade County
Monroe County
Okaloosa County
Orange County
Osceola County
Palm Beach County
Pasco County
Pinellas County
Polk County
Putnam County
Santa Rosa County
Sarasota County
Seminole County
St. Johns County
Taylor County
Volusia County
Walton County
MA
Barnstable County
Berkshire County
Bristol County
Essex County
Franklin County
Hampden County
Hampshire County
Middlesex County
Norfolk County
Plymouth County
Suffolk County
Worcester County
MN
Anoka County
Becker County
Beltrami County
Benton County
Blue Earth County
Brown County
Carver County
Cass County
Chippewa County
Chisago County
Clay County
Cook County
Crow Wing County
Dakota County
Freeborn County
Goodhue County
Grant County
Hennepin County
Isanti County
Itasca County
Kanabec County
Kandiyohi County
Koochiching County
Lac Qui Parle County
Lyon County
Mcleod County
Morrison County
Mower County
Nicollet County
Olmsted County
Pipestone County
Polk County
Ramsey County
Rice County
Scott County
Sherburne County
Sibley County
St Louis County
Stearns County
Steele County
Waseca County
Washington County
Wright County
NJ
Atlantic County
Bergen County
Burlington County
Camden County
Cape May County
Cumberland County
Essex County
Gloucester County
Hudson County
Hunterdon County
Mercer County
Middlesex County
Monmouth County
Morris County
Ocean County
Passaic County
Somerset County
Sussex County
Union County
Warren County
NY
Bronx County
Kings County
New York County
Queens County
Richmond County
TN
Shelby County
Filter by sourcetypes
Minutes
Recording