Finance Committee approves FY2025 annual report and opens FY2027 budget review
Finance Committee unanimously approves FY2025 annual report and opens budget review for FY2027. Chair Brian Patuto reported revenues up 2.5 percent while state aid dropped nearly 32 percent, from $800,000 to $550,000; stabilization fund stands at $1,691,393, or 4.86 percent of budget. Town
Finance Committee · Meeting of February 11, 2026
STOW — Finance Committee unanimously approves FY2025 annual report and opens budget review for FY2027. Chair Brian Patuto reported revenues up 2.5 percent while state aid dropped nearly 32 percent, from $800,000 to $550,000; stabilization fund stands at $1,691,393, or 4.86 percent of budget. Town Administrator Denise Dembkoski disclosed the Board of Selectmen ratified her contract at $205,000 for FY2027 and reported health insurance rates rising 8.48 percent after the municipal insurance advisory council eliminated GLP-1 coverage for non-diabetic use.
The preliminary FY2027 budget remains incomplete pending school budget submission and debt schedules from the newly hired treasurer; the five-year capital plan totals $22.4 million in current requests.
In the full story:
- The complete report — 463 words
Source: the Finance Committee meeting of February 11, 2026, compiled from the official minutes.
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