FY2023 Budget

FY2023 Budget Documents

FY2023 Budget Presentations

At the January 18, 2022, Board of Selectmen meeting, Town Administrator Kristine Trierweiler provided an outlook for the FY2023 Budget. The presentation can be found at this link. The video for this meeting can be viewed here

At the January 26, 2022 Warrant Committee meeting, Town Administrator Kristine Trierweiler discussed the FY2023 Budget. The presentation is available here.

FY2023 Budget Requests

The Town's FY2023 Budget requests will be posted here. Information about the FY2023 Medfield Public Schools budget is available here: https://www.medfield.net/o/medfield-public-schools/browse/263270

FY2023 Capital Budget Requests

The FY2023 Capital Budget is funded from various sources, including the Capital Stabilization Fund, Water and Sewer Enterprise Funds, Parks and Recreation Revolving Fund, and the Municipal Buildings Stabilization Fund. 

In addition to the regular capital requests included above, there are two additional articles at the 2022 Annual Town Meeting for capital projects:

  • Article 18 which requests an appropriation of $250,000 to fund a Feasibility Study for the Dale Street School
  • Article 21 which requests the appropriation of approximately $1.1 million to make repairs to the roof at the Blake Middle School. Depending on bid results, the project may also include repairs to the gym roof at the High School

Financial Policies and Measure of Compliance

Over the course of the FY23 Budget Process, the Board of Selectmen and Warrant Committee reviewed the Financial Polices which were originally adopted in 2018. The revised Financial Polices, as adopted by the Board of Selectmen and Warrant Committee are available here

The proposed FY2023 Budget is in compliance with the Financial Polices, as indicated by the Measure of Compliance, which outlines the Town's various reserve funds that are considered part of its General Fund reserves as well as other reserve funds.