Select Board adopts five financial policies, supports Article 13 on roadway improvements.
Select Board · Meeting of April 7, 2026
Southborough Select Board unanimously backs five financial governance policies and reverses course on a road improvements warrant article. The board voted to support Article 13 on the Pavement Management Implementation Plan after an earlier 3-2 split, with Chair Andrew R. Dennington, II stating the prior tally did not reflect the board's true position.
Auditor Anthony Roselli reported the town maintained its AAA bond rating for a fifth consecutive year but flagged a $54.4 million increase in post-employment benefits liability and recommended establishing a pension stabilization fund to address Worcester County Pension System funding concerns. The board unanimously approved debt exclusion ballot questions for May 12 covering school roof replacements and roadway improvements.
In the full story:
- The complete report — 388 words
Source: the Select Board meeting of April 7, 2026, reported from the official video recording and transcript.
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