Government · Finance Committee
Finance Committee Posts $5.2M in Town Reserves
Manchester-by-the-Sea's Finance Committee found fiscal 2026 reserves ran well ahead of forecast.
Board
Finance Committee
Members: Sarah Mellish, Andy Oldeman, Mory Creighton, John Croft, Dean Nahatis, Peter Twining
Government · Finance Committee
Finance Committee reports $5.2M in reserves, defers capital review
Finance Committee projects $5.2 million in reserves exceeding prior estimates. Finance Director Andrea Mainville reported free cash at approximately $3.5 million and total reserves of $5.2 million as of July 1, 2026, driven by higher-than-expected revenues and lower expenditures. Building permit
Government · Finance Committee
Finance Committee approves $486K transfers, rejects reserve draw
Finance Committee approves year-end transfers, rejects reserve draw. The Finance Committee and Select Board unanimously approved $486,544.37 in general fund year-end reallocations but rejected using the Finance Committee Reserve to cover water and sewer enterprise fund operating deficits, directing
Government · Finance Committee
Manchester Finance Committee Sets July 8 Meeting for Year-End Budget Transfers
Manchester-by-the-Sea Finance Committee previews year-end transfers and an uncertain trash contract transition.
Government · Finance Committee
Finance Committee reviews year-end overruns, affirms reserve-fund policy
Finance Committee identifies $855,000 in year-end turnbacks to cover FY26 overruns. Finance Director Andrea Mainville presented preliminary data showing budget overruns across multiple departments in FY26, including $75,000 in electricity costs driven by extended HVAC runtime and rate increases,
Government · Finance Committee
Finance Committee Endorses Senior Center Project With $250K Design Phase, Contractual Checkpoints
Finance Committee backs Senior Center project with phased design oversight. The panel unanimously recommended Article 6 for adaptive reuse of the former Masonic Lodge building, approving $250,000 in design services with enforceable checkpoints at 30 and 75 percent completion. Finance Committee
Government · Finance Committee
Finance Committee approves clean audit, schedules Senior Center review
Manchester-by-the-Sea Finance Committee receives clean fiscal 2025 audit. Auditor Ms. Gamsby of CBIZ CPAs presented an unmodified opinion for all opinion units with no identified compliance issues, significant deficiencies, or material weaknesses; the town's FY24 comprehensive financial report
Government · Finance Committee
Finance Committee Defers $350,000 Senior Center Vote, Schedules Special Meeting
Manchester-by-the-Sea Finance Committee defers Senior Center design vote, schedules April 23 special meeting.
Government · Finance Committee
Finance Committee approves over $33 million in capital and operating budgets for Town Meeting.
Finance Committee approves $33 million in town budgets and capital projects for annual meeting. Chair Sarah Mellish led unanimous or near-unanimous votes on the FY27 Operating Budget, a $2,052,492 Capital Budget, $18,058,187.50 Manchester Regional School District budget, and $16.5 million PFAS
Government · Finance Committee
Manchester Finance Committee Recommends $30 Million Capital Package for Town Meeting
Manchester-by-the-Sea's Finance Committee voted to recommend more than $30 million in bonded capital projects for the upcoming Town Meeting, while deferring its position on a $350,000 Senior Community Center appropriation pending a property closing expected within days.
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