Lexington, Massachusetts
Lexington, Massachusetts
Lexington, Massachusetts Lexington, Massachusetts

 

Budget

Welcome to the online home of the Town of Lexington Budget.

The budget process is one of the most cumbersome yet important tasks that the community faces annually. Prioritizing what is distributed where affects everyone within the community, and it is important that everyone feels enfranchised in an open and collaborative process.

(Note: Many files found in the Budget Information section require Adobe Acrobat Reader Version 5.0 or higher. You may download the most recent version from their website.)

FY2016 Budget Information


Financial Summit I - October 8, 2014
Indicator Analysis and FY16-FY18 Projection of Revenues and Expenses (PDF)


Financial Summit II - Nov. 10, 2014
Summit Agenda
Town Manager's Presentation
FY15 Property Value Changes
Master Plan Phase 2 - Elementary Schools


Financial Summit III - Dec. 11, 2014
Town Manager's Presentation

Open Money Articles Report - March, 2015

FY2016 Recommended Budget and Financing Plan (Total Budget)

FY2016 Recommended Budget and Financing Plan by Sections

Report of the Town Manager

Section I: Overview

Section II: Revenues

Section III: Education

Section IV:  Shared Expenses

Section V:  DPW

Section VI:  Public Safety

Section VII:  Culture, Recreation and Community Programs

Section VIII:  Human Services

Section IX:  Office of Land Use, Inspectional Services and Economic Development 

Section X:  General Government

Section XI:  Capital

Section XII:  Appendices (Revised April 6, 2015

FY2016 Budget Calendar

August 2014
Issuance of Capital and Operating Budget
 Guidelines

October 2014
Summit I
- Financial Indicators &
 Projections -October 8th
Discuss Budget Guidelines and Drivers
Town Manager Review of Capital Budget
 Requests

November 2014
Summit II
- Revenue Projection and
 Allocation - November 10th
Town Manager Review of Operating
 Budget Requests     

December 2014
Municipal Budget Workshops with
 Selectmen
School Committee Hearings on Budget
Summit III - Revenue Allocation -
 December 11th

January 2015
Submittal of FY2016 Superintendent's
 Recommended Budget to SC –Jan. 6th
Submittal of FY 2016 Manager's
 Recommended Budget to BOS -Jan. 12th
Summit IV - Review of FY2016 Town
 Manager's Preliminary Budget -Jan. 15th

February 2015
Summit V - Comment and Budget
 Deliberations -February 12th
Board of Selectmen Vote on the FY2016 
 Recommended Budget
Budget Decisions and Deliberations
 Concluded -February 23rd

FY2016 Recommended Budget submitted
 to Town Meeting -February 27th

March 2015
Municipal Election -March 2nd
Town Meeting Commences (anticipated) -
 March 23rd
Budget Presentations by Town Manager  and Superintendent -March 25th
Town Meeting Begins Budget
 Deliberations -March 30th


 

 

Lexington, Massachusetts
Lexington, Massachusetts
Lexington, Massachusetts Lexington, Massachusetts Lexington, Massachusetts