FY15–FY24 are ACFR actuals. FY25–FY27 from the January 2026 State of the Town. FY28–FY30 are illustrative projections. Use the tabs to compare override scenarios.
Without override revenue, the gap between projected expenses and available revenue (base plus free cash) grows from $8.5M in FY27 to roughly $18M by FY30. Each bar is base revenue (green) plus free cash appropriated (brass). The expense line shows projected total expenditures. FY28–FY30 assume 3% annual revenue growth and 5% annual expense growth.
Tier 1 ($9M) phases in over three years: $1.3M in FY27, $6.3M cumulative by FY28, fully drawn ($9M) by FY29. At full phase-in the override covers $9M of the projected gap, but expenses grow faster than the fixed override amount, leaving roughly $10M uncovered by FY30. Override draw schedule from override_draws_schedule.csv.
Tier 2 ($12M) phases in over three years: $2.8M in FY27, $8.7M cumulative by FY28, fully drawn ($12M) by FY29. The gap narrows to roughly $3M in FY29 but reopens to roughly $7M by FY30 as expenses continue to outpace the fixed override levy.
Tier 3 ($15M) phases in over three years: $4.3M in FY27, $10.5M cumulative by FY28, fully drawn ($15M) by FY29. The gap briefly closes in FY29, but reopens to roughly $4M by FY30 as expenses outpace the fixed override levy.
FY15–FY24: ACFR Schedule of Revenues, Expenditures and Changes in Fund Balance – Budget and Actual – General Fund. Persisted in data/general_fund_budgetary_FY15-24.csv.
FY25–FY27: Town Administrator's State of the Town presentation (January 2026), adjusted to include excluded debt service for consistency with ACFR totals.
FY28–FY30 are illustrative projections, not forecasts. Base revenue grows at 3% annually (Prop 2.5 levy limit plus estimated new growth). Expenses grow at 5% annually (near the FY22–FY27 average). Free cash held at $5M/yr. Override phase-in uses the draw schedule from the ballot questions (override_draws_schedule.csv). After full phase-in, the override levy stays flat while expenses continue growing.