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Finance Committee

A collection of 12 issues

Finance Committee backs $3.85M school improvements without new taxes

Finance Committee unanimously backs five warrant articles for May town meeting. Chair Paula Colby-Clements led the committee in approving Article P34, a revised $3.85 million package for West Elementary and Andover High School improvements funded through $2.57 million in repurposed West Elementary

Finance Committee reviews revised financial policies, defers vote on minutes.

Finance Committee reviews capital and enterprise fund policy revisions without voting. Town Manager Andrew Flanagan and Chief Financial Officer Hayley Green walked committee members Paula Colby-Clements, Kim Perry, Laura Gregory, and Kevin Coffey through changes to the Capital Stabilization Policy,

Finance Committee backs AHS maintenance funding and balanced FY 2027 budget

Andover Finance Committee unanimously recommends five warrant articles and endorses Town Manager Andrew Flanagan's balanced FY 2027 budget. Total revenue increases 5.04 percent and expenditures rise 5.15 percent, with health insurance driving 33 percent of growth despite rising 12 percent. Public

Finance Committee approves FY27 capital plan, audits show strong pension recovery.

Finance Committee reviews balanced FY27 budget and approves $9 million in capital projects. Town Manager Andrew Flanagan reported state aid allocation increased 2.7 percent, though unrestricted government aid rose under 1 percent for a net shortfall of roughly 90 thousand dollars. Facilities

Finance Committee reviews $478,000 in technology capital requests.

Finance Committee examines technology and parks capital projects for FY2027–FY2031. Chief Innovation Officer Ryan Knowles detailed three technology requests totaling $478,000 for FY27: $300,000 for annual staff device refresh transitioning from leasing to direct purchase, and $178,000 for student