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Town Manager's Proposed Fiscal Year 2026 Budget
On January 6, 2025, Town Manager Colin Loiselle opened the Fiscal Year 2026 budget planning process with a presentation to the Select Board about the financial landscape surrounding the budget planning process. Over the course of the next few months, this page will be updated to include formal budget proposals and ultimately the final recommended budget that will be presented to Town Meeting on May 6, 2025.
Budget Schedule:
January 6, 2025: Initial discussion with Select Board about budget planning and Town's financial position
January 14, 2025: Town Manager presents initial draft recommended budget to the Finance Committee
January 27, 2025: Town Manager presents refinded budget recommendation to the Select Board
February 24, 2025: Tri-Board Meeting with Select Board, School Committee, and Finance Committee to discuss FY26 budget, capital planning, and long-term financial planning.
March 25, 2025: The Final Fy26 Capital Plan is presented to the Select Board
April 7, 2025: Tri-Board Meeting with Select Board, School Committee, Finance Committee, and state legislators to review projected state aid, overall revenues, and discuss new growth and revenue share. Additionally, Town Manager presents final balanced budget for consideration at Town Meeting.
April 14, 2025: Final Review of Budget & Select Board vote to post and make recommendations on Town Meeting Warrant.
April 29, 2025: Pre-Town Meeting Information Session
May 6, 2025: Annual Town Meeting -- 7 PM at Tyngsborough Elementary School
Budget Office Hours
Town Manager Colin Loiselle is pleased to once again offer Budget Office Hours as a part of the Fiscal Year 2026 budget planning process. First introduced for the FY25 budget, these meetings are intended to be informal opportunities for residents to meet with Town staff and review the budget in intimate and more comfortable settings than on the floor of Town Meeting. In each session, the budget is presented and staff are available to answer any questions. The goal is that residents will have the opportunity to better familiarize themselves with the budget before being asked to approve it at Town Meeting on May 6th.
This year's budget meetings will take place on the following days:
1) Monday, April 7, 2025 at 1pm at the Center for Active Living
2) Wednesday, April 16, 2025 at 5 PM - Virtual (Visit Town's Calendar for dial-in information)
3) Wednesday, April 23, 2025 at 6:30 PM at Town Hall
No registration is required. Residents who are unable to attend one of the session above should contact the Town Manager's Office to set up a separate meeting.
Previous Budget Meetings
Initial Budget Conversation with Finance Committee - January 2, 2025 - LINK
Initial Budget Presentation to the Select Board -- January 6, 2025 -- LINK
Budget Update to the Select Board - February 10, 2025 - LINK
Tri-Board Meeting on February 24, 2025 - LINK
Select Board Budget Presentaiton - March 24, 2025 - LINK
Select Board Final Budget & Warrant Presentation - April 7, 2025 - LINK
FY26 Budget Documents
- Fiscal Year 2026 Budget Complete
- 3.24.25 Budget Presentation to SB
- FY26 Budget - Updated March 24, 2025
- FY26 Proposed Budget as of 2.24.25
- February 24 2025 Tri-Board Presentation
- February 10, 2025 Budget Update MEMO
- FY26 Draft Budget as of February 10, 2025
- January 2 2025 Initial Budget Presentation to FinCom
- January 6 2025 Budget Presentation to Select Board
- January 6 2025 Initial DRAFT BUDGET 0- Fy26