Government · Finance Committee
Harrisbrook School Closes $6M Under Budget
Ludlow's Harrisbrook Elementary School project officially closed $6 million under budget.
Board
Finance Committee
Our reporting from Finance Committee meetings, newest first.
Government · Finance Committee
Finance Committee recommends three warrant articles
The Ludlow Finance Committee recommended approval of three of seven warrant articles ahead of Monday's fall Town Meeting.
Government · Finance Committee
Finance Committee recommends approval of FY27 budget and capital requests.
Ludlow Finance Committee unanimously backs $91.6 million FY27 budget and capital requests. The committee voted to recommend approval of 14 town meeting warrant articles, including unpaid bills of $6,496.96, a special warrant of $366,400, and state highway funding of $1,093,781, while making no
Government · Finance Committee
Finance Committee reorganizes, approves FY27 operating budget.
Ludlow Finance Committee reorganizes and conditionally backs FY27 operating budget. Chair Chad Mullin and Vice Chair Mike Kelliher were unanimously elected. Town Administrator Marc Strange reported the Treasurer/Collector's office $282,000 in deficit midyear and projected several departments at 94
Government · Finance Committee
Finance Committee approves FY27 budget with $1.4M in free cash remaining.
Finance Committee reviews FY27 budget framework with $1.4M in free cash remaining. The committee examined year-to-date municipal expenditures as of end of February, with most departments between 67 and 77 percent spent. Chair Tony Sanches presented the capital plan totaling $2.4 million in free
Government · Finance Committee
Finance Committee approves prior minutes, reviews budget shortfalls.
Ludlow Finance Committee reviews budget overages and FY27 outlook. Finance Director Cheryl Allen reported the Treasurer/Collector line has overshot its $25,000 budget by $195,000, with an anticipated inter-fund transfer to cover the gap. Town Administrator Marc Strange outlined FY27 growth at 3
Government · Finance Committee
Finance Committee defers municipal spending review, focuses on FY27 budget options.
Ludlow Finance Committee discusses FY27 budget with $222,085 in excess levy capacity. The committee, led by chair Tony Sanches with Town Administrator Marc Strange and Finance Director Cheryl Allen, identified higher state aid and declining health insurance costs as sources of the variance but
Government · Finance Committee
Finance Committee explores health insurance stabilization fund; budget deficit reaches $2.6 million.
Finance Committee hears FY27 budget deficit reaches $2.6 million. Town Administrator Marc Strange told the committee that employee benefit costs are driving the crisis: an 18 percent health insurance increase ($2 million) and a 10 percent rise in retirement assessments ($657,000) push total new
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