Finance Committee discusses FY27 budget shortfall and framework
Finance Committee develops framework for $637K FY27 budget shortfall. The committee met with Interim Town Manager Joe Perkins to discuss budget adjustments, establishing guiding principles for potential cuts rather than making immediate reductions. Perkins outlined state aid processes and noted a
Finance Committee · Meeting of March 26, 2026
MIDDLEBOROUGH — Finance Committee develops framework for $637K FY27 budget shortfall. The committee met with Interim Town Manager Joe Perkins to discuss budget adjustments, establishing guiding principles for potential cuts rather than making immediate reductions. Perkins outlined state aid processes and noted a discrepancy in funding figures.
Discussion covered potential layoffs, service reductions, fee increases, and health insurance plan options, with Perkins noting that excessive hiring over the past two years may have contributed to the shortfall. The committee will assign liaisons to departments to gather detailed budget information. Future meetings are scheduled for March 30 at 6:45 p.m. and Thursday at 7 p.m.
In the full story:
- The complete report — 279 words
Source: the Finance Committee meeting of March 26, 2026, compiled from the official minutes.
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