April 27, 2024

Rehoboth Budget Review 

Posted

The town’s FY’25 budget was reviewed by the Board of Selectmen at their March 4 meeting.

Chief Financial Officer Sue Pimental noted the town was “in pretty good shape” going into the next fiscal year which begins on July 1.

The Dighton-Rehoboth Regional School Committee is holding a public budget hearing at their March 12 meeting.

Pimental noted the proposed capital assessment for Rehoboth was a “significant increase” over the current fiscal year. The eight percent figure is a result of reduced reimbursement from the state for school department expenses.

Pimental believes a debt exclusion, which is a temporary tax increase, would be needed for FY’26 in order to pay the town’s share of the Bristol-Plymouth High School building project. That amount would be at least $500,000 from the operating budget.

“It’s going to fluctuate based on the student enrollment,” Pimental said, adding that “the next step of the budget process is to forward the budget to the finance committee for their recommendation and source of funding.”

The budget will be voted on at the Spring Town Meeting in June.

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