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Fiscal Year 2026

Committee workshops 5% budget increase

February 19, 2025 by Amanda Lurey

The School Committee met Feb. 13 to workshop its proposed budget for fiscal year 2026, which, Superintendent John Robidoux said, will not require an override. The proposed budget is a 5.05% increase from the FY25 adopted budget at $49,120,285. About $39 million of this proposed budget is solely for salaries. “This budget is increased from last year… because there were … [Read more...] about Committee workshops 5% budget increase

State of the Town addresses financial challenges

February 12, 2025 by Amanda Lurey

Town Administrator Thatcher Kezer used the Fiscal Year 2026 State of the Town presentation to focus on Marblehead’s current financial challenges and some potential solutions One current financial challenge he shared was increasing new growth revenues. To assist in creating new growth revenues, Kezer said certain home improvements — like kitchen renovations, expansions, or … [Read more...] about State of the Town addresses financial challenges

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