HomeMy WebLinkAbout2025-01-30 Finance Summit IV - ReleasedFinance Summit
Select Board, School Committee, Appropriation Committee,
Capital Expenditures Committee
January 30, 2025
7:00 PM
Estabrook Hall, Cary Memorial Building, 1605 Massachusetts Avenue, Lexington - Hybrid
Participation*
AGENDA
Summit
ITEMS FOR INDIVIDUAL CONSIDERATION
1.FY2026 Preliminary Budget and Financing Plan
2.Capital Expenditures Committee - Preliminary Report: FY2026 Proposed Capital
Projects
ADJOURN
1.Anticipated Adjournment 8:30pm
NEXT MEETING INFORMATION - LABELONLY
Meeting Packet: https://lexington.novusagenda.com/agendapublic/
*Members of the public can attend the meeting from their computer or tablet by clicking on the following
link at the time of the meeting:
https://lexingtonma.zoom.us/j/82013535294?pwd=mGvKYC9PHOT8ByUHHa0a18jNRhRXpf.1
iPhone one-tap: +13017158592,,82013535294#,,,,*848540#
Phone +1 646 876 9923
Meeting ID: 820 1353 5294
Passcode: 848540
An Act Relative to Extending Certain State of Emergency Accommodations: https://www.mass.gov/the-
open-meeting-law
The next regularly scheduled meeting of the Select Board will be held on Monday, February 3, 2025 at
6:00pm via hybrid participation.
Hearing Assistance Devices Available on Request
All agenda time and the order of items are approximate and subject to change.
AGENDA ITEM SUMMARY
LEXINGTON BOARD OF SELECTMEN MEETING
AGENDA ITEM TITLE:
FY2026 Preliminary Budget and Financing Plan
PRESENTER:
Carolyn Kosnoff, Assistant Town
Manager for Finance
ITEM
NUMBER:
I.1
SUMMARY:
Staff will provide a brief overview of the Town Manager's FY2026 Preliminary Budget & Financing Plan
(White Book).
SUGGESTED MOTION:
FOLLOW-UP:
DATE AND APPROXIMATE TIME ON AGENDA:
1/30/2025
ATTACHMENTS:
Description Type
White Book Presentation FY2026_Backup Material
Town of Lexington
FY2026 Preliminary Budget & Financing Plan
Budget Summit III
January 30, 2024
Town of Lexington
FY2026 Preliminary Budget
2
FY2026 Revenue Allocation Summary
(in thousands)Summit II Summit III
1 Total Revenues $ 310,900 $ 311,154
2 Less: FY2025 School Budget $ 140,508 74.0%$ 140,508 74.0%
3
Less: FY2025 Municipal Budget
(inc.Community Center)$ 49,311 26.0%$ 49,311 26.0%
4 Less: Shared Expenses $ 81,487 $ 80,977
5 Less: Set-Asides $ 32,894 $ 32,894
6 Total Base Budget $ 304,200 $ 303,690 $ Change
7
Total New Revenue to be
Allocated $ 6,700 $ 7,464 $ 764
8 School Alloc./ FY2026 Total $ 4,959 74.0%$ 5,525 74.0%
9 Muni Alloc. / FY2026 Total $ 1,740 26.0%$ 1,939 26.0%
Summit II Revenue Allocation %Inc vs PY Initial Budget Request %Inc vs PY Surplus/ (Shortfall)
10 FY2026 School budget $ 145,467 3.5%$ 147,500 5.0%$ (2,033)
11 FY2026 Municipal budget $ 51,051 3.5%$ 51,742 4.9%$ (691)
Summit III Revenue Allocation %Inc vs PY Updated Budget Request %Inc vs PY Surplus/ (Shortfall)
12 FY2026 School budget $ 146,033 3.9%$ 146,033 3.9%$ —
13 FY2026 Municipal budget $ 51,249 3.9%$ 51,249 3.9%$ —
Town of Lexington
FY2026 Preliminary Budget
3
Summary of Revenue Allocation Changes from Summit II
Original Revised Variance Description
$ 310,899,763 $ 311,154,210 $ 254,447 Updated State Aid (+$142K); Available Funds (+$77K); refined Indirects (+$35K)
$ 254,447 Total Revenue Increase/ (Decrease)
$ 3,747,035 $ 3,606,312 $ (140,723) Updated Minuteman assessment, per preliminary budget
$ 41,412,958 $ 41,147,189 $ (265,769) Updated Health Benefits assuming 11% premium increase
$ 6,035,947 $ 5,983,068 $ (52,879) Updated debt service projections
$ 15,239,743 $ 15,189,172 $ (50,571) Revisions to Facilities shared service budget (inc $20K PIR)
$ (509,943) Change in Shared Expenses Increase/ (Decrease)
$ 764,390 Net Positive Impact on Revenue Allocation
74%$ 565,648 Additional School Allocation
26%$ 198,741 Additional Town Allocation
Town of Lexington
FY2026 Preliminary Budget
4
The FY2026 budgets proposed by the Town Manager and
Superintendent of Schools provide for a Balanced Town Budget
Revenue Summary FY2025 Recap FY2026 Projected $ Change % Change
Tax Levy $ 239,807,037 $ 249,002,213 $ 9,195,176 3.8%
State Aid $ 20,451,907 $ 21,022,716 $ 570,809 2.8%
Local Receipts $ 16,209,388 $ 17,039,873 $ 830,485 5.1%
Available Funds*$ 17,280,345 $ 24,514,859 $ 7,234,514 41.9%
Revenue Offsets $ (1,953,708) $ (2,360,640) $ (406,932) 20.8%
Enterprise Funds (Indirect)$ 1,873,817 $ 1,935,189 $ 61,372 3.3%
Total General Fund $ 293,575,390 $ 311,154,210 $ 17,578,820 6.0%
Expenditure Summary FY2025 Appropriated
FY2026 Recommended Budget $ Change % Change
Lexington Public Schools $ 140,508,367 $ 146,033,333 $ 5,524,966 3.9%
Minuteman High School $ 3,406,395 $ 3,606,312 $ 199,917 5.9%
Shared Expenses $ 72,296,815 $ 77,370,757 $ 5,073,942 7.0%
Municipal Departments $ 49,271,323 $ 50,995,275 $ 1,723,953 3.5%
Cash Capital-Tax Levy and Available Funds $ 16,875,899 $ 21,524,216 $ 4,648,317 27.5%
Other**$ 11,216,591 $ 11,624,317 $ 407,726 3.6%
Total - General Fund Only $ 293,575,390 $ 311,154,210 $ 17,578,820 6.0%
* Available Funds reflects one-time revenue sources, primarily Free Cash.
** Other expenses are primarily set-asides into reserves including the Capital Stabilization Fund, OPEB Trust, and SPED Reserve.
Town of Lexington
FY2026 Preliminary Budget
5
General Fund Revenue Projections
% GrowthProjected GF Revenue Actual GF RevenueFY2014FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022 FY2023FY2024FY2025FY2026—%
2.00%
4.00%
6.00%
8.00%
10.00%
Town of Lexington
FY2026 Preliminary Budget
6
FY2026 Balanced Budget
Tax Levy
79.4%
State Aid
6.7%
Local Receipts
5.4%
Available Funds
7.8%
Enterprise Funds (Indirect)
0.6%
FY2026 Revenue Summary
Tax Levy $ 249,002,213
State Aid $ 21,022,716
Local Receipts $ 17,039,873
Available Funds $ 24,514,859
Revenue Offsets $ (2,360,640)
Enterprise Funds (Indirects)$ 1,935,189
Total $ 311,154,211
Schools
48.1%
Employee Benefits
13.2%
Retirement
3.7%
Debt Service
1.9%
Other Shared Expenses
1.1%
Facilities
4.9%
Municipal Departments
16.4%
Cash Capital
6.9%
Reserves/Other
3.7%FY2026 Expense Summary
Schools $ 149,639,645
Employee Benefits $ 41,147,189
Debt Service $ 5,983,068
Retirement $ 11,521,504
Other Shared Expenses $ 3,417,696
Facilities $ 15,189,172
Municipal Departments $ 51,107,404
Cash Capital $ 21,524,216
Reserves/Other $ 11,624,317
Total $ 311,154,211
Town of Lexington
FY2026 Preliminary Budget
7
FY2026 Municipal Department Budget Summary
Municipal Budgets
FY2025
Appropriated
FY2026
Recommended
Budget $ Change % Change
Public Facilities*$ 14,565,854 $ 15,189,172 $ 623,318 4.3%
Municipal Departments:
Public Works $ 13,085,106 $ 13,971,800 $ 886,693 6.8%
Police $ 9,536,323 $ 9,745,978 $ 209,655 2.2%
Fire $ 9,289,900 $ 9,458,988 $ 169,088 1.8%
Library $ 3,460,565 $ 3,691,461 $ 230,896 6.7%
Human Services $ 1,513,939 $ 1,703,597 $ 189,658 12.5%
Health $ 545,148 $ 561,024 $ 15,876 2.9%
Land Use Department $ 2,442,606 $ 2,465,236 $ 22,630 0.9%
Select Board $ 1,388,634 $ 1,439,529 $ 50,895 3.7%
Town Manager $ 1,664,840 $ 1,609,722 $ (55,119) (3.3)%
Salary Adjustment Account $ 294,179 $ — $ (294,179) (100.0)%
Town Committees $ 72,910 $ 73,120 $ 210 0.3%
Finance $ 2,172,178 $ 2,206,218 $ 34,040 1.6%
Town Clerk $ 680,819 $ 692,479 $ 11,660 1.7%
Innovation & Technology $ 3,124,175 $ 3,376,124 $ 251,949 8.1%
Total Municipal Departments $ 49,271,322 $ 50,995,276 $ 1,723,952 3.5%
*Public Facilities is a shared service
Total does not include $112K Shared Exp.for Refuse & Recycling Collection for School & Muni. Buildings
Town of Lexington
FY2026 Preliminary Budget
8
FY2026 Municipal Department Budget Highlights
Public Works
27.6%
Law Enforcement
19.1%
Fire & EMS
18.5%
Library
7.2%
Human Services
3.3%
Health
1.1%
LUHD
4.8%
Select Board
2.8%
Town Manager
3.1%
Town Committees
0.1%
Finance
4.3%
Town Clerk
1.4%
Innovation & Technology
6.6%
FY2026 Budget Summary
Public Works $ 14,083,928
Law Enforcement $ 9,745,978
Fire & EMS $ 9,458,988
Library $ 3,691,461
Human Services $ 1,703,597
Health $ 561,024
LUHD $ 2,465,236
Select Board $ 1,439,529
Town Manager $ 1,609,722
Town Committees $ 73,120
Finance $ 2,206,218
Town Clerk $ 692,479
Innovation & Technology $ 3,376,124
Total $ 51,107,404
Town of Lexington
FY2026 Preliminary Budget
9
Balancing the FY2026 Municipal Budget
Municipal Budgets FY2026 Initial Request FY2026 Delete FY2026 Add
FY2026 Recommended Budget
Public Facilities*$ 15,169,172 $ — $ 20,000 $ 15,189,172
Municipal Departments:
Public Works $ 13,971,800 $ 13,971,800
Police $ 9,745,978 $ 9,745,978
Fire $ 9,458,988 $ 9,458,988
Library $ 3,691,461 $ 3,691,461
Human Services $ 1,703,597 $ 1,703,597
Health $ 561,024 $ 561,024
Land Use Department $ 2,465,236 $ 2,465,236
Select Board $ 1,439,529 $ 1,439,529
Town Manager $ 1,657,335 $ (47,613) $ 1,609,722
Salary Adjustment Account $ — $ —
Town Committees $ 73,120 $ 73,120
Finance $ 2,206,218 $ 2,206,218
Town Clerk $ 692,479 $ 692,479
Innovation & Technology $ 3,376,124 $ 3,376,124
Total Municipal Departments $ 51,042,889 $ (47,613) $ — $ 50,995,276
*Public Facilities is a shared service.
Total does not include $112K Shared Exp.for Refuse & Recycling Collection for School & Muni. Buildings
Town of Lexington
FY2026 Preliminary Budget
10
FY2026 Municipal Department Budget Highlights
•The Municipal Budget includes contractual increases for three of the Town's large
service agreements:
◦Townwide Composting Program: This budget will maintain this program for
4,000 households in FY2026 at the cost of $396,000, of which $165,000 will
funded with ARPA funds.
◦Public Transportation: This budget includes new contractual rates for the
Lexpress Bus Service, which includes replacement of the bus fleet. The new 5-
year contract has been awarded and will begin during FY2026.
◦Public Access Television: This budget allocates $200,000 of tax levy support to
maintain current levels of service, up from $100,000 in FY2025. This amount of
General Fund support is expected to increase in future budget cycles.
•Set Asides include $24K for funding for a Solar Study to assess suitability of solar
installations in municipal parking lots and $200K for pruning and/or removal of
Street Trees that have been identified as dead or unhealthy by a recent street tree
inventory.
Town of Lexington
FY2026 Preliminary Budget
11
Town Manager's Recommended FY2026 Program Improvements
Program Department Requests Recommended Not Recommended
Total General Fund Requests $2,057,838 $244,000 $1,813,838
Non-General Fund
Water/Sewer Enterprise $50,000 $50,000 $—
Recreation Enterprise $180,000 $80,000 $100,000
Tourism Revolving Fund $42,475 $—$42,475
Total Non-General Fund $272,475 $130,000 $142,475
Combined Requests Total $2,330,313 $374,000 $1,956,313
General Fund Recommended PIRs include:
•$20K for Solar Panel inspections and maintenance at school and municipal
buildings
•$200K for Street Tree Pruning & Removal (one-time from Free Cash)
•$24K for a Solar Assessment of parking lots (one-time from Free Cash)
Non General Fund Recommended PIRs include:
•$50K for a Water & Sewer Rate Study
•$80K for drainage improvements at Pine Meadows Golf Course
Town of Lexington
FY2026 Preliminary Budget
12
Revenues Set-Aside for Designated Expenses - FY2026
Tax Levy Free Cash Other Total
1 Set-Aside for Unanticipated Current Fiscal Year Needs $ — $ 200,000 $ — $ 200,000
2 Unallocated $ — $ 1,603,333 $ — $ 1,603,333
3 Other Post-Employment Benefits (OPEB)$ — $ 2,079,721 $ — $ 2,079,721
4 Cash Capital $ 750,000 $ 17,792,946 $ 18,043 $ 18,560,989
5 Appropriate into Capital Stabilization Fund $ 6,563,050 $ — $ — $ 6,563,050
6 One-time Municipal Expenses (tree maintenance)$ — $ 200,000 $ — $ 200,000
7 Special Education Reserve Fund $ — $ 700,000 $ — $ 700,000
6 Street Improvement Program $ 2,726,806 $ — $ — $ 2,726,806
7 Municipal Building Envelope and Systems $ 236,421 $ — $ — $ 236,421
8 Warrant Articles $ — $ 24,000 $ — $ 24,000
9 Subtotal $ 10,276,277 $ 22,600,000 $ 18,043 $ 32,894,320
10 Contribution to Pension Fund $ — $ 400,000 $ — $ 400,000
11 Grand Total $ 10,276,277 $ 23,000,000 $ 18,043 $ 33,294,320
Town of Lexington
FY2026 Preliminary Budget
13
Appropriate Into Reserve Funds
Lexington Pension Fund $11,521,504
–Current Balance (11/30/2024) $257.39 million
Post-Employment Benefits Fund $2,087,029
–Current Balance (12/31/2024) $37.93 million
Capital Stabilization Fund $6,563,050
–Current Balance (12/31/2024) $41.84 million
Special Education Reserve Fund $700,000
–Current Balance (12/31/2024) $750,000
Town of Lexington
FY2026 Preliminary Budget
14
Special Education - Stabilization Fund & Reserve Fund*
The Special Education Reserve Fund was established in at the 2023 Annual Town Meeting.
Stabilization Fund Balance Reserve Fund Balance
FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025 FY2026
Recommended
$0
$500,000
$1,000,000
$1,500,000
$2,000,000
$2,500,000
$3,000,000
Town of Lexington
FY2026 Preliminary Budget
15
Capital Stabilization Fund Balance History
$20,674,058 $21,730,961
$27,330,886
$32,769,537
$41,842,190
$48,405,240
$6,536,050
FY2021 Actual FY2022 Actual FY2023 Actual FY2024 Actual FY2025 Approp.FY2026
Recommended
$0
$10,000,000
$20,000,000
$30,000,000
$40,000,000
$50,000,000
$60,000,000
Town of Lexington
FY2026 Preliminary Budget
16
Recommended Capital Budget - FY2026
Capital Requests Summary
Free Cash/ Tax Levy
Other Funding Sources Debt Total Other**
General Fund $ 21,506,173 $ — $ — $ 21,506,173 $ —
Excluded Debt Projects $ — $ — $ 654,000,000 $ 654,000,000 $ —
Other Funding & Chapter 90 $ — $ 18,043 $ — $ 18,043 $ 964,592
Water Enterprise $ — $ 2,634,440 $ — $ 2,634,440 $ —
Sewer Enterprise $ — $ 1,409,931 $ — $ 1,409,931 $ —
Recreation Enterprise $ — $ 70,000 $ — $ 70,000 $ —
Compost Revolving Fund $ — $ — $ — $ — $ —
Community Preservation Act*$ — $ 7,495,844 $ — $ 7,495,844 $ —
Total (all Funds)$ 21,506,173 $ 11,628,258 $ 654,000,000 $ 687,134,431 $ 964,592
*Includes both Town and non-Town CPA funded projects.
**Other represents Chapter 90 Aid for street improvements. This item does not require a Town Meeting appropriation.
For FY2026 $4.31 million of Capital Projects are recommended to be deferred :
•Cemetery Columbarium Construction - $450K
•Harrington Fields - $2.98 million
•Public Parking Lot Construction - $528K
•New Sidewalk Installation (partial deferred) - $250K
•Network Core Equipment - $100K
Town of Lexington
FY2026 Preliminary Budget
17
Town of Lexington
FY2026 Preliminary Budget
18
Town of Lexington
FY2026 Preliminary Budget
19
FY2026 Capital Highlights
•New Lexington High School - Construction funds for a new Lexington High
School. Current cost estimates approximate the cost at $654,000,000. This project
will be requested at the Fall 2025 Special Town Meeting and will require a
successful Debt Exclusion vote.
•Central Administration Building Demolition - This request for $3,550,000 is to
demolish the Central Administration Building at 146 Maple Street.
•Park Improvements - Athletic Fields - $3,197,904 for athletic fields at 146 Maple
Street. The design for this new field complex is currently underway and will consider
natural grass and synthetic field surfaces, parking, lighting and other amenities.
•Lincoln Park Field Improvements - This request for $1,950,000 will conduct an
end-of-life synthetic turf replacement and reconstruction of athletic Field #3 at
Lincoln Park.
•Replacement Pumper Truck - This request for $1,100,000 is to replace the
department's 2004 reserve pumper truck.
•Affordable Housing Trust (AHT) Funding - This request for $3,000,000 is to fund
the Lexington Affordable Housing Trust (AHT) from the Town's Community
Preservation Act (CPA) funds.
Town of Lexington
FY2026 Preliminary Budget
20
Affordable Housing Trust
FY2024 Actual FY2025 Estimated*FY2026 Budgeted
Beginning Fund Balance $ — $ 952,900 $ 4,284,463
Income:
T.M. Appropriations from CPA $ 1,500,000 $ 3,200,000 $ 3,000,000
Transfers from Available Funds $ 565,371 $ 129,749 $ 133,641
Interest Earned $ 57,461 $ 21,814 $ 5,000
Fee Revenue & Other Income $ — $ — $ —
Total Income $ 2,122,833 $ 3,351,563 $ 3,138,641
Expenses:
Affordable Housing Creation/Acquisition/Buy-down $ 1,150,000 TBD TBD
Administrative Expenses $ 19,933 $ 20,000 $ 20,000
Total Expenses $ 1,169,933 $ 20,000 $ 20,000
Ending Fund Balance $ 952,900 $ 4,284,463 $ 8,356,004
*FY2025 Estimates are as of 12/31/2024
Project Name
FY2026
Projection
FY2027
Projection
FY2028
Projection
FY2029
Projection
FY2030
Projection Total
Total LexHAB Requests $ 3,800,000 $ 3,840,000 $ 882,000 $ 926,100 $ 972,405 $ 10,420,505
Lexington Housing Authority $ 50,000 $ 50,000 $ 500,000 $ 1,300,000 $ 1,300,000 $ 3,200,000
MBTA/SRD Buy-down $ 3,500,000 $ 2,250,000 $ 750,000 $ 800,000 $ 850,000 $ 8,150,000
Resident Support $ 200,000 $ 220,000 $ 230,000 $ 240,000 $ 250,000 $ 1,140,000
AH Creation/Acquisition $ 500,000 $ 2,000,000 $ 1,000,000 TBD TBD $ 3,500,000
Administrative Expenses $ 100,000 $ 200,000 $ 100,000 $ 100,000 $ 100,000 $ 600,000
Total Projected Funding Requests $ 8,150,000 $ 8,560,000 $ 3,462,000 $ 3,366,100 $ 3,472,405 $ 27,010,505
Town of Lexington
FY2026 Preliminary Budget
21
Building Shuffle Update
FY2025 ATM Appropriation:
•173 Bedford Street Renovation - $6.0 million (abatement and construction
are currently out to bid)
FY2026 Proposed Budget:
•Central Administration Building Demolition - $3.55 million
•Harrington Fields Construction - $3.2 million (original request $6.2 million);
$1.2 million CPA; $2.0 million Gen Fund (discuss deferral of Gen Fund)
Proposed Updated Timeline:
•March - September 2025 - Renovation of 173 Bedford St.
•October 2025 - Central Admin moves to 173 Bedford St.
•November/December 2025 - Fall STM & Debt Exclusion Referendum for LHS project
(possible appropriation for Harrington Fields; or propose for 2026 ATM with CPA).
•November - Spring 2026 - Demolition of CA building & Site Work at 146 Maple St.
•July - Fall 2026 - Construction of new Harrington Fields
•Late Summer/ Fall 2027 - Center Rec Fields come offline/ Harrington Fields open for
play (up to a year later than originally anticipated)
Town of Lexington
FY2026 Preliminary Budget
22
Policy Discussions
•Capital Planning for Municipal Capital with CPA Funds - balancing municipal
between uses (Historic Resources, Affordable Housing, Open Space & Recreation)
•Funding of Recreation Capital Needs if CPA or Enterprise funds are not available
•Continue to Set Aside Tax Levy/ New Levy Growth Into the Capital Stabilization
Fund - there is an implied trade-off between managing tax increases/LHS impact and
maintaining a level service budget
•Future Deferral of Capital Projects in the 5-year Capital Plan to manage debt
•Potential New Fee Revenue:
◦Stormwater Enterprise - if the new EPA permit requires significant investment in
stormwater management this may be necessary to comply
◦Composting & Bulky/White Good Removal - may be necessary if the cost of
existing services continues to increase or to add new services such as composting
•Changes in Current Levels of Municipal and School Services - are there current
services the community can accept forgoing to avoid an override or other change above
•Operating Override - past guidance has been to balance the budget without an
operating override; should staff continue with this assumption
Town of Lexington
FY2026 Preliminary Budget
23
Items Open/ In Process
•Free Cash - Current FY2023 estimate of $23,000,000 has not yet been certified
by the Department of Revenue. Adjustments will be reflected in cash capital/debt
service.
•Minuteman Assessment - Budget to be voted by Minuteman School Committee.
•Health Insurance Premiums - Are estimated at an 11% increase over FY2025,
final amounts may differ.
•Final Cost Estimates for Lexington High School - The current cost estimate for
LHS construction is $654 million. This estimate will continue to be refined through
schematic design and a final estimate will be available prior to Fall 2025 Special
Town Meeting and the debt exclusion referendum.
•Final Design for Harrington Fields - Community engagement and the design for
fields at Harrington School are underway; final recommended project scope and
cost estimate are to-be-determined.
•Other - Additional changes may be identified through the budget deliberation
process.
Town of Lexington
FY2026 Preliminary Budget
24
Next Steps
•January 31, 2025- February 7, 2025 - Municipal and School staff to
respond to questions on operating and capital budgets; ongoing budget
deliberations
•February 14, 2025 - Select Board to vote FY2026 recommended
budget
•On or Before February 25, 2025 - The final recommended budget will
be distributed electronically to the Select Board, Appropriation
Committee, Capital Expenditures Committee and Town Meeting
Members. Printed copies to follow the week of March 3rd.
•March 24, 2025 - Town Meeting Begins
•On or Before March 26, 2025 - Town Meeting may consider financial
articles
AGENDA ITEM SUMMARY
LEXINGTON BOARD OF SELECTMEN MEETING
AGENDA ITEM TITLE:
Capital Expenditures Committee - Preliminary Report: FY2026 Proposed Capital Projects
PRESENTER:
Charles Lamb, CEC Chair
ITEM
NUMBER:
SUMMARY:
Charles Lamb may provide an updated on Capital Expenditures Committee - Preliminary Report: FY2026
Proposed Capital Projects.
SUGGESTED MOTION:
n/a
FOLLOW-UP:
n/a
DATE AND APPROXIMATE TIME ON AGENDA:
1/30/2025
AGENDA ITEM SUMMARY
LEXINGTON BOARD OF SELECTMEN MEETING
AGENDA ITEM TITLE:
Anticipated Adjournment
PRESENTER:ITEM
NUMBER:
SUMMARY:
SUGGESTED MOTION:
FOLLOW-UP:
DATE AND APPROXIMATE TIME ON AGENDA:
1/30/2025 8:30pm
AGENDA ITEM SUMMARY
LEXINGTON BOARD OF SELECTMEN MEETING
AGENDA ITEM TITLE:
Meeting Information
PRESENTER:ITEM
NUMBER:
Sub Item:
Meeting Packet: https://lexington.novusagenda.com/agendapublic/
*Members of the public can attend the meeting from their computer or tablet by clicking on
the following link at the time of the meeting:
https://lexingtonma.zoom.us/j/82013535294?
pwd=mGvKYC9PHOT8ByUHHa0a18jNRhRXpf.1
iPhone one-tap: +13017158592,,82013535294#,,,,*848540#
Phone +1 646 876 9923
Meeting ID: 820 1353 5294
Passcode: 848540
An Act Relative to Extending Certain State of Emergency
Accommodations: https://www.mass.gov/the-open-meeting-law
The next regularly scheduled meeting of the Select Board will be held on Monday, February
3, 2025 at 6:00pm via hybrid participation.
SUMMARY:
SUGGESTED MOTION:
FOLLOW-UP:
DATE AND APPROXIMATE TIME ON AGENDA:
1/30/2025