Milton Town Hall · Budget Coordination Committee Meeting Transcript

Milton Has $6.4M Left Over From Its Last Budget Year

Townwide · Follow-up · Nov 5, 2026

Milton ended the budget year that closed June 30 with $6.4 million left over, town finance staff told a town-school budget committee Oct 30.

Free cash: This leftover is called free cash. Town Meeting can vote to spend it later. The state approved the figure Oct 5. It was a report, not a vote.
Water and sewer: Water and sewer bills pay for those systems, and their money is kept apart from the town budget. Those accounts also ended the year with money left: $3.3 million for water and $1.7 million for sewer.
Schools: Milton Public Schools ended the year on budget. They also reached their goal of keeping $1 million in a special account that pays for some school services.
Unemployment: The town has nearly used up the $100,000 it set aside this year for unemployment benefits it owes former employees. Staff will cover the rest from the reserve fund, money Town Meeting sets aside for unexpected costs.
Snow: The town raised its snow and ice budget from $160,000 to $250,000 this winter. Public works has 25 of its 26 crew jobs filled, the most in years. Staff said town crews cost less than outside contractors.
Labouré: If voters approve paying for it on Dec 15, the town would buy the property in January or February and pay its upkeep from the reserve fund at first.

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