Select Board passes over capital stabilization fund article
Weston Select Board votes down capital stabilization fund proposal. The board voted 2-1 to pass over a $1 million capital stabilization fund article at the April Annual Town Meeting, with Chair Lise N. Revers and Clerk John F. McDonald opposing the proposal as insufficiently vetted and lacking
Select Board · Meeting of April 10, 2026
Weston Select Board votes down capital stabilization fund proposal. The board voted 2-1 to pass over a $1 million capital stabilization fund article at the April Annual Town Meeting, with Chair Lise N. Revers and Clerk John F.
McDonald opposing the proposal as insufficiently vetted and lacking clear implementation guidelines. Member Thomas Palmer supported creating the fund to spread capital expenses over time. Finance Committee Chair Bharath Venkataraman had argued the fund would stabilize tax rates and improve the town's bond rating.
The board unanimously approved amendments to the Traffic and Sidewalk Committee charge, reducing it to five voting members.
In the full story:
- The complete report — 311 words
Source: the Select Board meeting of April 10, 2026, compiled from the official minutes.
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