The Town Meeting Information Session held on April 28, 2025, in Norwood focused on the upcoming budget and capital expenditures for the fiscal year. Key discussions highlighted the increasing costs associated with maintaining and repairing town facilities, particularly in the school department and general government sectors.
During the meeting, officials noted that expenses for supplies and services are rising significantly. Specific concerns were raised about the costs of fixing essential equipment, such as boilers and air conditioning units, which could lead to substantial financial burdens if not addressed promptly. The budget reflects these anticipated increases, indicating a need for careful financial planning.
A capital outlay committee, chaired by Selectman Bob Donnelly, is responsible for forecasting and managing capital expenditures. This committee includes representatives from various town boards, including the school committee and finance commission. They are currently working on a five-year plan that outlines projected capital needs, with the next phase of planning set to begin immediately after the town meeting concludes in May.
Residents are encouraged to review the five-year plan available on the town's website, which provides insights into future capital projects and expenditures. The committee aims to present the fiscal year 2025 plan at the fall town meeting, ensuring transparency and community involvement in the budgeting process.
Overall, the session underscored the importance of proactive financial management in addressing the town's infrastructure needs and preparing for future expenses.