Stabilization funds

Reserves against the gap

Also under Budget options

Spent on the school gap, the general fund covers FY2028 and FY2029 and runs out in FY2030, by our arithmetic.

The school gap and the general fundour estimate
Covered by the general fund (ours)Still short (ours)
Covered by the general fund (ours)Still short (ours)
FY2028$932,531$0
FY2029$1,535,097$0
FY2030$679,551$1,525,495

Each bar is the model’s projected gap. The fund starts at its 1 July 2025 balance, earns nothing, and is spent whole on the schools.

1 · The facts

  • $3,147,179

    general fund at 1 July 2025, where the arithmetic starts

  • $932,531

    projected gap, FY2028 (ours)

    our estimate

  • $1,535,097

    projected gap, FY2029 (ours)

    our estimate

  • $2,205,046

    projected gap, FY2030 (ours)

    our estimate

  • $679,551

    left in the fund entering FY2030 (ours)

    our estimate

  • $1,525,495

    still short in FY2030 (ours)

    our estimate

  • $682,521

    snow spending over budget, FY2026, at June

  • $185,000

    the Reserve Fund, FY2026

  • —

    what a rating agency would make of spending it

    not published

2 · What it shows

  1. 1

    The fund enters FY2030 with $679,551 against a $2,205,046 gap, and is empty that year.

  2. 2

    One snow year, FY2026, ran $682,521 over budget; the Reserve Fund behind it held $185,000.

  3. 3

    Nothing in this archive says what spending the fund would do to the town’s borrowing.

What was said

Sources

What changed

Version 15 — updated September 20, 2026