FY28 capital and reserve policies
Wellesley School DistrictMassachusetts- Detected
- Oct 6, 2026
- 28 days ago
- Sector
- Administration & Finance
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From the meeting
The Board reviewed draft revisions to the Capital Finance and Debt Management Policy, the General Purpose and Unrestricted Reserves Policy, and a new Capital Stabilization Fund Policy. The revisions respond to growing capital project costs, rating agency feedback, and reserve planning concerns. The Board agreed to defer the package from Special Town Meeting to the 2027 Annual Town Meeting for more modeling and policy refinement.
Decision: deferred to 2027 Annual Town Meeting.
- Meeting date
- October 6, 2026
- Agency
- Wellesley School District
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