Finance Committee

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