Hubbardston FY25-FY29 Financial Forecast - Available Now

Presentation at 12/4/2023 Select Board Meeting
Forecast

The Hubbardston Financial Management Team and the Office of the Town Administrator have released the Fiscal Year 2025-2029 Financial Forecast. This five-year financial forecast includes projected revenues, expenditures, and other key financial metrics and will be presented at the Hubbardston Select Board meeting on Monday, December 4th.

The financial forecast provides an outlook for the town's budget, allowing the town officials, and residents alike to understand the financial position of Hubbardston and plan accordingly. It encompasses all town general funds and accounts for anticipated changes in local aid from the state, new growth, local receipts, operational and capital spending needs, and more.

On December 4, 2023 at 6:30PM Town Administrator Nathan Boudreau will give an overview of the financial forecast and its key components and answer questions about revenues, expenditures, reserves, and other aspects of the forecast ahead of the FY25 budget season. This Select Board meeting will have a hybrid attendance option, allowing residents to participate in-person at the Town Offices or virtually through Google Meet

We encourage all Hubbardston residents and town officials to review this important budgetary outlook document as we plan for the future financial health of the town. Please direct any early questions to the Office of the Town Administrator at admin@hubbardstonma.us or by calling 978-928-1400 X200.