Finance Committee defers February and March minutes, reviews FY2027 budget. The five-member committee examined the May 1 budget draft, noting inconsistent categorization and misaligned narratives, and unanimously approved adjournment after flagging the town's $6.2 million shortfall as primarily a
Finance Committee approves request for FY2026 actuals through March, citing potential $1M interest income. Town Manager Kate Hodges presented the FY2027 budget of approximately $63.487 million for schools, deploying $7 million of $14 million free cash to supplement specific areas while preserving
Dracut Finance Committee schedules April 16 public hearing on FY2027 budget confronting $9.9 million shortfall. Town Manager Kate Hodges presented a $133 million general fund budget, up 7.38 percent from fiscal 2025, driven by health insurance costs increasing 14.47 percent to the statutory
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
Dracut Finance Committee receives detailed school project briefing at $177 million price tag. Committee Chair Cori Stott and members Nancy McDonald, Joyce Andrews, Rich Cowan, and Alyssa Nazzaro (Emily Mattox absent) reviewed the Joseph A. Campbell School proposal with Owner's Project Manager Paul
Finance Committee unanimously authorizes chair to respond to open meeting law complaint. Chair Cori Stott was empowered to prepare and submit a written response to a complaint filed by Brian Genest regarding a January 5, 2026 sub-committee meeting, with Committee review required prior to final
Finance Committee unanimously approves minutes and pursues salary discrepancies. The committee requested written explanation from the School Committee on a $4 million variance between budgeted and actual FY2025 education salary spending after Finance Director noted actuals represented only 86
A Dracut Finance Committee sub-committee unanimously approved charter language reducing the Finance Committee from nine to seven members appointed by the moderator for staggered three-year terms, determining that most peer communities operate with fewer members and that diversity of background
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