Weston Select Board Votes to Pass Over $1 Million Capital Stabilization Fund

WESTON -- April 10, 2026, Weston Select Board votes 2-1 to pass over a proposed $1 million capital stabilization fund at Annual Town Meeting. Chair Lise N. Revers and Clerk John F. McDonald voted to shelve the article, which had been placed on the warrant following Finance Committee discussions about smoothing the tax impact of upcoming capital projects including a new fire station and a potential school rebuild. Revers said the fund lacked drafted parameters and that the full incoming five-member board should weigh in; McDonald argued Weston's existing reserves already exceed 12 percent of revenues and called the fund an effective interest-free loan forced on taxpayers. Finance Committee Chair Barak Venkatraman, speaking for himself, called it a responsible governance tool comparable to the town's OPEB funding, and said the Finance Committee may still bring a positive motion at town meeting, where passage would require a two-thirds vote. The dissenting vote was cast by Member Anupam Sachdev, who said he preferred to let the Finance Committee respond before the board acted.