Town Administrator Jason Silva presented a preliminary financial forecast, highlighting a 2% projected increase in salaries and a 1% rise in general expenses, based on historical trends. Despite efforts to reduce the reliance on free cash by $100,000 over the next two fiscal years, real estate taxes are expected to cover a portion of the revenue, predicted to constitute 86% in FY 2025 and 87% in FY 2026. Silva also reported a substantial 31% increase in the retirement assessment, far exceeding prior estimates, while the school district’s assessment was slightly adjusted downward by about $26,000.

However, the financial strain is evident in the education sector, where previous budget cuts have eliminated 25 positions, impacting special education teachers, counselors, and other staff. This has resulted in larger class sizes, particularly in kindergarten and at the high school level, and strained resources for support services.

The school district’s representative detailed the severe academic impact of these cuts, which have compromised math intervention programs and teacher availability. Concerns were raised about the long-term viability of current financial strategies, prompting calls for an operational audit to identify efficiencies and potential savings. This audit is expected to influence future budget discussions and proposals for budget overrides.

A new three-year contract agreement with the teachers’ union was announced, featuring a 5% shift in premium costs for union members and a 9% salary increase spread over three years. This agreement is projected to save the district over half a million dollars. The district’s reliance on local contributions remains significant, with Chapter 70 funding accounting for only 23% of the budget.

The emphasis on communication and transparency was a recurring theme, with a call for a comprehensive communication strategy to better inform and engage the community. A one-page informational document was proposed to highlight the importance of school funding and its impact on property values and community reputation. The school committee’s newly approved communication plan aims to enhance community outreach through regular newsletters and office hours, fostering a better understanding of the schools’ financial situation.

Public safety concerns were also discussed, particularly the impact of the local hospital’s closure on emergency services. The extended ambulance response times pose a challenge to community safety, highlighting the need for increased firefighter staffing. However, there is no immediate requirement for additional vehicles, as current ambulances are deemed sufficient.