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FINCOM-Regular Session <br /> January8,2026 <br /> Communication from Select Board Liaison, if any NA <br /> Communication from School Committee Liaison, if any NA <br /> OLD BUSINESS <br /> NEW BUSINESS <br /> Town Manager updates on other items <br /> No new updates from the Town Manager currently. <br /> The Finance Committee discussed that several budget items remain under review pending <br /> completion of the FY2027 budget. Insurance and healthcare costs continueto be a <br /> concern, with potential increases exceeding 10%, largelydriven by rising medication costs. <br /> Contingency planning is underway. A cybersecurity update confirmed that the Rapid7 <br /> initiative has been completed. <br /> Review FY2027 Budget Department Requests <br /> The Committee reviewed departmental budget requests, notingthat a substantial portion <br /> originates from the School. Further discussion is ongoing, and the School Superintendent <br /> is expected to attend a future meeting to present its budget. The Fire Department reported <br /> that grant funding for four positions is ending and that the department is working to sustain <br /> these positions primarily through ambulance revenue, with plans to replace ambulances <br /> annually overthe nextfouryears. Most Fire Department costs are salary-related, with labor <br /> negotiations ongoing. Discussion also covered funding sources, includingthetax levy, <br /> state aid, free cash, and enterprise revenues. <br /> Additional Topics <br /> Articles are due by February9,2026. <br /> The Finance Committee Report fortheAnnualTown Report is due by February 9,2026. <br /> Next Meeting <br /> January22,2026 @4:30 <br /> ADJOURNMENT <br /> Motion made by Greg McKelvey to adjourn the meeting at 4:59 p.m. <br /> Motion seconded by Anne Schnader. <br /> 2 <br />