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Tuesday, November 3, 2026 Wakefield, Massachusetts · Change town
Board

Finance Committee

Our reporting from Finance Committee meetings, newest first.

16 stories

Government · Finance Committee

Finance Committee approves $407K in FY26 reserve fund transfers

Finance Committee approves $407K in reserve fund transfers from FY26 account. Chair James Sullivan's committee unanimously authorized 11 transfers to cover unanticipated costs including $105,000 for Town Council retirement buybacks, $48,862.12 for unemployment claims, $32,371.22 for salary

Townbrief news summary ·
Government · Finance Committee

Finance Committee approves FY2027 budgets totaling $21.2 million.

Wakefield Finance Committee reviews departmental budgets totaling $21.2 million for FY2027. Health and Human Services requested $608,240.10 with plans to allocate opioid settlement funds toward a recovery coach position and addiction programs. Retirement Board Executive Director Cathy Cheek

Townbrief news summary ·
Government · Finance Committee

Fire Subcommittee reviews $189,000 capital request in 2027 budget.

Fire Subcommittee examines 2027 budget with $189,000 capital request. Fire Chief Thomas Purcell presented a $140,382.09 operational increase over the prior fiscal year, or 1.79 percent, driven by $100,382.09 in personal services and smaller hikes in contractual services and materials. The

Townbrief news summary ·

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