Finance Committee

Finance Committee unanimously recommends school fields transfer, Town Forest land purchase. Town Manager Michael Herbert's proposal to return school field management to the Ashland schools using the Stabilization Fund as a bridge loan won committee approval (Article 2), as did Article 4 covering

Ashland Finance Committee backs $375K OPEB transfer for May meeting. Chair Jonathan Moore brought the committee to unanimous votes recommending $300,000 from the Special Education Stabilization Fund and $375,000 to the OPEB Trust, with a separate recommendation on General Stabilization Fund

Ashland boards outline $3.5 million tax package to address structural deficit. At a joint Finance Committee, School Board, and Select Board meeting on March 10, Town Manager Michael Herbert presented a four-part financial restructuring plan requiring a $2.75 million operational override for Ashland

Three boards vote unanimously on $2.75M override and debt reallocation. The Finance Committee, meeting jointly with the School Board and Select Board, voted unanimously to recommend a $2.75 million budget override and to pursue a $750,000 reallocation of excluded debt from the Public Safety