DOLLARS & SENSE: Delayed budget talk set for Wednesday

After the blizzard postponed last week’s meeting, the Select Board is set to hear from Town Administrator Thatcher Kezer Wednesday night, March 4. Kezer will present his balanced budget and scenarios for possible overrides.

At his State of the Town address in January, Kezer projected an $8.6 million deficit for fiscal 2027 requiring more than 50 layoffs.

Marblehead Town Administrator Thatcher Kezer III’s $195,000 contract expires June 5, Select Board Chair Erin Noonan confirms he’s interested in renewal. CURRENT PHOTO / NICOLE GOODHUE BOYD

The town’s Finance Committee will meet with department heads throughout March to review spending plans in detail. In April, the committee will hold public hearings on warrant articles with financial impacts ahead of Town Meeting.

With override discussions intensifying and department budgets under scrutiny, the coming weeks are likely to shape not only next year’s spending plan but the trajectory of Marblehead’s services and staffing for years to come.

By Leigh Blander

Editor Leigh Blander is an experienced TV, radio and print journalist.

Related News

Discover more from Marblehead Current

Subscribe now to keep reading and get access to the full archive.

Continue reading