Finance Committee Reviews FY27 Budget Amid Override Vote Preparations — January 28 Meeting

Arlington's Finance Committee received a detailed FY27 budget presentation projecting $237.9 million in revenue and 3.88% expenditure growth, with a pending override vote scheduled for March 28 that could determine whether the town faces deep service cuts. Town Manager Jim Feeney and Deputy Town Manager Julie Waite outlined a structurally imbalanced budget driven by healthcare costs growing at 11.25%, police and fire salary catch-ups exceeding 10%, and the depletion of the override stabilization fund.