Town reserves

Reserves against the gap

Spent on the school gap, the general fund covers FY2028 and FY2029 and runs out in FY2030, by our arithmetic.

FY28FY29FY30$0$600k$1.2M$1.8M$2.4M

1 · The facts

  • $3,147,179

    general fund at 1 July 2025, where the arithmetic starts

  • $930,273

    projected gap, FY2028 (ours)

    our estimate

  • $1,530,474

    projected gap, FY2029 (ours)

    our estimate

  • $2,197,945

    projected gap, FY2030 (ours)

    our estimate

  • $686,432

    left in the fund entering FY2030 (ours)

    our estimate

  • $1,511,513

    still short in FY2030 (ours)

    our estimate

  • $682,521

    snow spending over budget, FY2026, at June

  • $185,000

    the Reserve Fund, FY2026

  • —

    what a rating agency would make of spending it

    not published

2 · What it shows

  1. 1

    The fund enters FY2030 with $686,432 against a $2,197,945 gap, and is empty that year.

  2. 2

    One snow year, FY2026, ran $682,521 over budget; the Reserve Fund behind it held $185,000.

  3. 3

    Nothing in this archive says what spending the fund would do to the town’s borrowing.

What was said

Sources

What changed

Version 15 — updated September 20, 2026