Annual Financial Summit on Nov. 26
Posted on 11/13/2024

Join Foxborough’s Annual Financial Summit!

Ever wonder how your tax dollars are working for you? The Foxborough Financial Summit is your opportunity to get the full picture of our town’s finances—and to make your voice heard! For the past 6-7 years, we’ve held this gathering to bring together the Select Board, School Committee, and Advisory Committee, providing residents with a transparent look at Foxborough’s budget and financial planning. This year’s session will be packed with crucial updates that directly impact our community.


Why Attend? 

As a taxpayer, this is your chance to understand how your contributions shape our town. Attending will empower you to make informed choices, ask questions, and advocate for priorities that matter to you.

 

What You’ll Learn:

  • FY25 vs. FY26: See where we stand this year and what’s planned for next.

  • Tax Rate Overview: Understand how the current and future budgets impact the tax levy.

  • 5-Year Financial Forecast: Get insight into Foxborough’s economic outlook.

  • Free Cash & Stabilization: Learn about the town’s savings and financial reserves.

  • Budget Comparisons: Get a breakdown of expenditures for different departments and see how Foxborough compares to surrounding communities in various categories.

  • Debt Overview: See how we’re managing current and long-term obligations.

  • Future Budget Pressures: Understand the upcoming challenges that could affect taxes and services.

  • Budget Strategy for FY26: Join the discussion as we decide on a budget increase target for the next fiscal year.


Your Voice Matters!

Transparency and community input are the foundation of a strong, vibrant Foxborough. Don’t miss this opportunity to learn, ask, and be heard! 

Make plans to attend, share with friends and family, and let’s build a financially resilient Foxborough together!