Finance Committee discusses FY27 budget challenges, solid waste arrears, and cuts already made.
Finance Committee reviews preliminary FY27 budget with $2.5M in cuts already imposed. Town Manager Cori Stott and Finance Director Ms. Hodges detailed pressures from $400,000 in unpaid solid waste invoices, a 14.44 percent increase in insurance and benefits, and loss of a state-funded landfill
Finance Committee · Meeting of March 5, 2026
DRACUT — Finance Committee reviews preliminary FY27 budget with $2.5M in cuts already imposed. Town Manager Cori Stott and Finance Director Ms. Hodges detailed pressures from $400,000 in unpaid solid waste invoices, a 14.44 percent increase in insurance and benefits, and loss of a state-funded landfill closure grant withdrawn this week.
The Dracut Public Schools requested $2.6 million and Greater Lowell Technical High School $113,000. Ms. Hodges stated no override is proposed pending clearer budget projections and indicated additional difficult cuts remain on the town side, though she declined specificity on schools' budget flexibility.
In the full story:
- The complete report — 433 words
Source: the Finance Committee meeting of March 5, 2026, compiled from the official minutes.
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