Finance Committee reviewed housing fiscal impact study and salary compensation practices. Chair Bob Malecki presented a draft Affordable Housing Impact Study at the request of Select Board Chair Dion Alley, estimating a potential $200,000 municipal service cost for five affordable housing projects.
Finance Committee coordinated fall agenda with critical October deadlines approaching. The committee noted that October 1 brings the deadline for Special Town Meeting warrant recommendations and the start of Cape Cod and Islands Water Protection Funding tax collection at 2.75 percent.
Finance Committee unanimously backs $100k Habitat housing project. The Finance and Advisory Committee voted unanimously to recommend Select Board approval of a $100,000 allocation from the Municipal Housing Trust for Habitat for Humanity's 44 Oak Avenue project. The two-bedroom home is expected to
Oak Bluffs Finance Committee reviews water protection fund participation before board vote. Committee Chair Bob Malecki reported the Select Board will meet jointly with the Wastewater Department on July 7 to consider joining the Cape Cod and Islands Water Protection Fund, which would reduce sewer
Finance Committee approves seven close-of-year budget transfers totaling hundreds of thousands of dollars. The committee voted to authorize transfers for police overtime (approximately $185,000), fire EMS staffing ($23,000 from Council on Aging), building maintenance ($175,000), highway operations,
Oak Bluffs Finance Committee appoints members to four committees, advances revenue efforts. The Finance and Advisory Committee, newly official as a seven-member body per the State Attorney General's Office, unanimously appointed Bob Malecki to the Capital Improvement Committee and Economic
Finance Committee endorses water protection fund for wastewater costs. Oak Bluffs Finance and Advisory Committee unanimously voted to recommend participation in the Cape Cod and Islands Water Protection Fund, which would fund wastewater infrastructure through a 2.75 percent excise tax on lodging
Finance Committee plans Saturday forum to frame override as essential service maintenance. Chair Bob Malecki and his committee finalized presentation materials showing that actual local tax receipts plateaued from fiscal 2022 through fiscal 2026 while budgeted receipts increased $3.4 million, with
Finance Committee plans April 11 public forum as all six Island towns pursue overrides. Committee Chair Bob Malecki reported that Oak Bluffs School budget was reduced by approximately $22,000 and the School Committee will seek an additional $50,000 reduction to the Regional High School budget. The
Oak Bluffs Finance Committee schedules public budget override forum for April 11. The Finance and Advisory Committee finalized three special town meeting articles totaling $250,000: economic development ($50,000), dredging and beach nourishment ($100,000), and police overtime ($100,000). A fourth