Natick warns of $5.3M budget gap as FY2027 post-override budgets presented
Natick warns of $5.3M structural budget gap by fiscal 2029. The joint presentation of the FY2027 budgets to the School Committee, Finance Committee, and Select Board revealed a town general fund with revenue growth of 6.93 percent but facing structural deficit challenges where expenditure growth
Finance Committee · Meeting of February 4, 2026
Natick warns of $5.3M structural budget gap by fiscal 2029. The joint presentation of the FY2027 budgets to the School Committee, Finance Committee, and Select Board revealed a town general fund with revenue growth of 6.93 percent but facing structural deficit challenges where expenditure growth outpaces revenue gains. Superintendent Dr.
Melissa Spash presented the school budget at $100,650,912, a 5.4 percent increase over fiscal 2026, while Deputy Town Administrator Ari Sky outlined major cost drivers including 12 percent health insurance increases and 6.2 percent debt service growth. The five-year forecast shows the budget gap growing to approximately $5.3 million by fiscal 2029.
In the full story:
- The complete report — 271 words
Source: the Finance Committee meeting of February 4, 2026, compiled from the official minutes.
Members read the rest of this story and every Natick meeting we cover, in full.
Become a memberAlready a member? Sign inA 30-day free trial needs a payment method. After it, your membership renews at the price shown at checkout until you cancel, which you can do anytime from your account. Subscription terms
Share this brief
Know someone in Natick who follows town government? Share Townbrief Natick: they can sign up free.