Select Board and Finance Committee approve Capital Stabilization Fund article for Special Town Meeting.
Finance Committee and Select Board Subcommittee unanimously advance Capital Stabilization Fund article for Special Town Meeting. Members Paula Colby-Clements, Kim Perry, Laura Gregory, and Kevin Coffey, with Town Manager Andrew Flanagan and Chief Financial Officer Hayley Green, refined parameters
Select Board · Meeting of May 5, 2026
ANDOVER — Finance Committee and Select Board Subcommittee unanimously advance Capital Stabilization Fund article for Special Town Meeting. Members Paula Colby-Clements, Kim Perry, Laura Gregory, and Kevin Coffey, with Town Manager Andrew Flanagan and Chief Financial Officer Hayley Green, refined parameters limiting the fund to capital projects between $20 million and $50 million, specifically for buildings. The subcommittee voted 5-0 to direct Flanagan to draft the warrant article, with a follow-up meeting scheduled May 13 to finalize language for Town Counsel review.
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Source: the Select Board meeting of May 5, 2026, compiled from the official minutes.
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