Marblehead FY27 Budget Simulator

Simulate the June 9 override vote — see what passes, what gets cut, and what it costs

The Problem: $7.7M Structural Deficit

-$7,700,000
Gap between FY27 expenses and available revenue (after one-time reserves run out)
$122.8M
Total FY27 Budget
$109.8M
General Fund
+$2.18M
Levy Growth (2.5%)
-$4.0M
One-Time Reserves Gone

The deficit comes from: health insurance +11% ($1.65M), pension +9% ($0.46M), new trash contract ($0.84M), salary growth ($3.23M), and the loss of $4M in one-time free cash that propped up FY26.

How Would You Vote? (click to select)

How does the voting work? ↓

Operating Override — pick the highest tier you'd support:

No Override
$0
Accept all cuts
Question 1
$9M
Partial restore — avoids deepest cuts
Question 2
$12M
Restore + partial reserves
Question 3
$15M
Full restore + growth investment

Question 4 — Curbside Trash ($2.3M):

Why does Q4 matter? ↓

No on Q4
Flat Fee
$281/household/year (fixed)
Yes on Q4
Tax Levy
Variable by property value

Budget Outcome: No Override

Override Revenue
Remaining Gap
Positions Cut
Library Hours/Week

What Happens to Each Department

DepartmentFY26 BudgetFY27 (Your Vote)ChangeImpact

Real-World Impacts

Positions at Risk (No-Override Scenario) — 43.5 Total

Source: Article 29 Override Presentation, Town Meeting May 4, 2026. "A NO vote tonight or in June: 43.5 positions lost."

Schools — 18.25 FTE

3 classroom teachersMarblehead High School
Math intervention specialistVeterans Middle School
1.75 FTE ELL teachersVillage School
~12.5 additional FTEVarious (support staff, aides)

Library — 8 FTE

8 full-time staff positionsAbbot Public Library
Hours: 52 → 24/week (3 days). Decertification risk.

Town Municipal — 10+ positions

Community Development DirectorPlanning/Zoning
School Resource Officer (SRO)Police → Schools
DPW staff (multiple)Public Works
Recreation groundskeepingParks & Rec
Town building custodialFacilities
Clerks / support staffVarious
1 fire shift/week cutFire (overtime spike)
All non-obligated capital projects eliminated

Police — Budget held harmless, SRO cut

Core budget held harmless$5,216,914
33 sworn officers maintained1.6 per 1,000 residents
MA average for towns under 50K: ~1.8 per 1,000. Marblehead is slightly below average — more officers per capita than 30% of comparable depts (Police Scorecard).
School Resource Officer eliminatedNo override
1 open position left unfundedPublic safety
"Protection of life and property is one of the most critical things that we do." — Town Administrator Kezer

Note: Specific position titles beyond those listed are not yet public. The Select Board approved 10 municipal cuts; the full list may be released closer to the June 9 vote.

3-Year Override Draw — Municipal vs. School (MOU)

From the Memorandum of Understanding (April 7, 2026). Shows maximum draw from override funds by year. Note: Year 1 is 100% municipal; schools don't draw until FY28.

MOU Key Commitments

  • No additional override until FY2030 — regardless of which tier passes
  • 62/38 revenue split — 62% school, 38% municipal (through FY29)
  • Free Cash reduction — $1M less allocated to operating budget each year
  • Health insurance assumption — 7% annual increase budgeted
  • Stabilization Fund target — build to 5% of operating budget
  • Annual reporting — State of Town address must detail override fund usage starting Jan 2027
  • Extraordinary circumstances clause — supermajority vote of all 3 boards required to modify

Budget by Department (FY27)

Override Year 1 Appropriation by Category

Where Does the Money Go?

FY27 General Fund breakdown — $109.8M total. Schools are 43% of the budget. Fixed costs (insurance, pension, debt) are 35%.

Town Debt: $101M Outstanding

General Obligation Bonds as of June 30, 2024. Rates: 2.00%–5.00%. Debt is front-loaded and declining — most bonds retire by FY40.

$101.1M
Outstanding Principal
$11.1M
FY27 Debt Service
$4,950
Debt per Resident
FY40
Most Bonds Retire By

Debt Service Schedule

PeriodPrincipalInterestTotalAvg/Year
FY25$7.54M$3.45M$10.99M
FY26$5.96M$3.16M$9.12M
FY27$6.23M$2.89M$9.11M
FY28$6.50M$2.61M$9.11M
FY29$6.72M$2.32M$9.04M
FY30–34$34.01M$7.50M$41.51M$8.30M
FY35–39$24.81M$2.72M$27.53M$5.51M
FY40–44$9.31M$0.36M$9.67M$1.93M

Known projects funded by debt: Abbot Library renovation (~$8.5M), Mary Alley Building HVAC, MHS Roof + HVAC ($8.97M contract, $2.1M under budget)

Source: Town of Marblehead FY24 ACFR (Annual Comprehensive Financial Report)