Great Barrington Selectboard, Finance Committee debate change to budget policy concerning borrowing

Great Barrington Selectboard, Finance Committee debate change to budget policy concerning borrowing

Great Barrington — For over 30 minutes at their meeting on Monday, December 15, the Selectboard and members of the Finance Committee debated a proposed one-line addition to the town’s budget and financial policy for fiscal 2026-2027 that would place a limit on long-term borrowing. The proposed policy addition, as drafted by the Finance Committee, reads: To avoid ballooning debt service payments, [the town should] make every effort to limit yearl…