Finance Committee reviews FY 2027 budgets; $2.8 million deficit forecast.
Finance Committee reviews FY 2027 budgets amid $2.8 million deficit forecast. Chair James Sullivan's committee heard departmental presentations from Police Chief Steven Skory, Fire Chief Tom Purcell, and Town Accountant Liz Rourke, with the Fire Department requesting $7,966,688.09 (up 1.79 percent)
Finance Committee · Meeting of March 12, 2026
WAKEFIELD — Finance Committee reviews FY 2027 budgets amid $2.8 million deficit forecast. Chair James Sullivan's committee heard departmental presentations from Police Chief Steven Skory, Fire Chief Tom Purcell, and Town Accountant Liz Rourke, with the Fire Department requesting $7,966,688.09 (up 1.79 percent) citing overtime strain from 2,100 additional calls and long-term injuries, and a new Human Resources budget of $293,600.90 now separated from group insurance. Free cash at year end FY 2026 is estimated at $11.4 million.
In the full story:
- The complete report — 366 words
Source: the Finance Committee meeting of March 12, 2026, compiled from the official minutes.
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