Fiscal Year(FY) 2027 Operating Budget development  

Recent updates

• Town Administrator (TA) Greg Johnson reported the status of three fiscal years (2025,2026, 2027) to the Budget Subcommittee on Tuesday January 27.
• On Saturday February 7, The Select Board and Finance Committee held a very productive 3 hour FY2027 Budget Review per town charter with invited representatives from the Capital Planning and School Committees, School Administration and Town financial staff.  
• Official recordings for these committees are typically hosted on the WAVM YouTube Channel . If the recording is not yet visible on YouTube, you may contact Gregory Wilson, the Executive Assistant, through the Maynard Select Board contact page for status updates

A few February 7, 2026 Joint Budget Meeting highlights (from remote meeting due to storm)

• The FY2027 Operating Budget currently anticipated revenue is $55,744,829 (as of Governor’s ‘House 2’ proposal) .  
• The bulk is from Town Property taxes and new growth in the amount of $44,687,619. Note that State doesn’t finalize budget allocations to towns until after our Annual Town Meeting (ATM) https://www.townofmaynard-ma.gov/628/Annual-Town-Meeting-May-18-2026 , but the state provides periodic estimates
• Override increase for FY26 was incorporated. 
• Over the last 4 years Average Single Family Household assessed value has increased ~$48k 
• Reflects current bonds: continuation of the Green Meadow School project

View and download the full presentations

Capital Planning update

View and Download the full presentation

Capital Building Advisory Committee; Volunteers needed

This committee reports to the Select Board, both directly and via an annual report to the town’s Capital Planning Committee, and will offer advice regarding plans to address conditions of municipal buildings and facilities, including administration, schools, public safety and public works, library, golf course and senior center. Get more information. 

From  the October publication of the Maynard Voice, according to Select Board Chair David Gavin

“One of our primary goals for this Fiscal Year and beyond is to focus on the consistent and better utilization of long term forecasting models to assist in the development of our budget as we move forward…I’m confident that we are going in the right direction…that is consistent with our vision for the future“.

Advice requested includes project prioritization that may be based on an analysis of all of the various factors weighing into building construction and reconstruction and repairs. This committee has broad discretion as to how their advice is developed and produced, although it is suggested that the committee seeks input from town and school staff, industry experts and experienced sources, in addition to town officials such as the Finance Committee and the Capital Planning Committee.

Membership will be five at-large members. Partially staggered terms beginning as follows: 

Two members serving two-year terms, three-year terms for those positions thereafter; 

Three members with full three-year terms

If interested in seeking appointment by the Select Board to this group, please submit an interest form

For more information, please contact the Town Administrator’s Office:[email protected]

Some Highlights

• Department of Public works water department performing a water service line repair on Main Street in the heart of downtown. Utility repairs downtown are very challenging and require precision operations. We are happy to report that the leak was repaired effectively, and the customer’s business was able to resume operations the next day. 
• TA Johnson and ATA Duggan hosted an Insurance Advisory Committee (IAC) with union membership representatives to review recent insurance policy changes announced by MIIA. 

Read February 17, 2026 update this week here.

Sources:  https://go.boarddocs.com/ma/tom/Board.nsf/Public  Town Websites, Bob McCarthy