The Finance Committee and Chief Financial Officer (CFO) discussed Marblehead's upcoming financial forecast for fiscal year 2026 (FY26), highlighting both positive news about free cash and concerns over rising expenses in the coming years. Finances have been a major focus in Marblehead since the conclusion of the teachers’ strike, with much attention on the need for an … [Read more...] about Good news, bad news
Marblehead Finance Committee
Town gets a jump start on budget planning
Finance Committee Chair Alec Goolsby presented an update on fiscal planning to the Select Board. He said that a message went out in June to all department heads providing the schedule and plan for them to submit their initial budgets for fiscal year 2026. “The Finance Committee and finance department is getting going with the budget-planning season a little bit earlier … [Read more...] about Town gets a jump start on budget planning
Volunteer Opportunities Nov. 16-22
FINANCE COMMITTEE – 3-year term – Select Board currently seeking applicants1 VacancyMARBLEHEAD CULTURAL COUNCIL – 3-year term3 VacanciesMARBLEHEAD DISABILITIES COMMISSION – 3-year term1 VacancyTASK FORCE AGAINST DISCRIMNATION – 1-year term1 Vacancy … [Read more...] about Volunteer Opportunities Nov. 16-22
Town begins Fiscal Year 2025 discussions
Preparations are already underway among town leaders to begin putting together budgets for Fiscal Year 2025. The town’s Finance Committee met Monday night to provide an update on the FY25 calendar and a revenue forecast, in addition to a budget-process update. Committee member Alec Goolsby, who was re-elected as chair at the meeting, laid out key dates that will ultimately … [Read more...] about Town begins Fiscal Year 2025 discussions
FinCom reviews final four Town Meeting Articles
The town’s finance committee concluded its article review Monday night as one article was indefinitely postponed, one was not voted on, and two were not recommended. Marblehead resident Daniel Albert spoke on behalf of the article he is sponsoring, Article 50, which entails a vote to amend town bylaws relative to new subdivisions. The goal of this article, Albert said, is to … [Read more...] about FinCom reviews final four Town Meeting Articles