{"id":680,"date":"2026-10-08T15:01:53","date_gmt":"2026-10-08T19:01:53","guid":{"rendered":"https:\/\/sudbury.ma.us\/finance\/?p=680"},"modified":"2026-10-08T15:02:22","modified_gmt":"2026-10-08T19:02:22","slug":"free-cash-certified-for-fiscal-year-2027","status":"publish","type":"post","link":"https:\/\/sudbury.ma.us\/finance\/2026\/10\/08\/free-cash-certified-for-fiscal-year-2027\/","title":{"rendered":"Free Cash Certified for Fiscal Year 2027"},"content":{"rendered":"
FY27 Free Cash Amount<\/h5>\n

Sudbury’s FY27 Free Cash has five components:<\/p>\n\n\n\n\n\n\n\n\n\n
Source<\/strong><\/td>\nAmount (Percentage of FY27 Free Cash)<\/strong><\/td>\n<\/tr>\n
Balance Remaining from FY26 Free Cash<\/td>\n$2,356,498 (23.6%)<\/td>\n<\/tr>\n
Excess revenues FY26<\/td>\n$4,530,632 (45.3%)<\/td>\n<\/tr>\n
Unspent Operating Funds FY26<\/td>\n$1,384,147 (14%)<\/td>\n<\/tr>\n
Closed Capital & Prior Appropriations<\/td>\n$858,426 (8.6%)<\/td>\n<\/tr>\n
Other Adjustments<\/td>\n$855,444 (8.5%)<\/td>\n<\/tr>\n
TOTAL<\/strong><\/td>\n$9,985,147<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

The FY27 Free Cash number demonstrates prudent budgeting and responsible management of the Town\u2019s finances. It gives us great flexibility going forward and provides funding to continue investing in our capital assets and building our reserves for when we need them.<\/p>\n

 <\/p>\n

                                                                  –Town Manager Andy Sheehan<\/em><\/p>\n<\/blockquote>\n

 <\/p>\n

Notification of Free Cash Approval<\/h5>\n

On September 26, 2026 the Massachusetts Division of Local Services (DLS) certified the Town\u2019s Fiscal Year 2027 Free Cash at $9,985,147. See Sudbury FY27 Free Cash Certification<\/a><\/span> for the official notification.<\/p>\n

 <\/p>\n

Free Cash Memorandum<\/h5>\n

Sudbury FY27 Free Cash Memorandum<\/a><\/span> from Finance Director\/Assistant Town Manager Victor Garofalo which summarizes the Town’s FY2027 Free Cash certification and process, explains the factors that contributed to the Free Cash number, and identifies the one-time and variable items that should be considered when evaluating future Free Cash levels.<\/p>\n

 <\/p>\n

Municipal Finance Town Forum<\/h5>\n

In December 2026, the Select Board will hold their annual Town Forum on the subject of Municipal Finance. Residents are encouraged to attend. Please stay tuned for details.<\/p>\n

 <\/p>\n

\"\"<\/a><\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

A guide to Sudbury FY27 Free Cash, certified at $9,985,147 by the Division of Local Services (DLS). Read full article→<\/span><\/a><\/p>\n","protected":false},"author":81,"featured_media":527,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false},"categories":[1,6],"tags":[],"_links":{"self":[{"href":"https:\/\/sudbury.ma.us\/finance\/wp-json\/wp\/v2\/posts\/680"}],"collection":[{"href":"https:\/\/sudbury.ma.us\/finance\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sudbury.ma.us\/finance\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sudbury.ma.us\/finance\/wp-json\/wp\/v2\/users\/81"}],"replies":[{"embeddable":true,"href":"https:\/\/sudbury.ma.us\/finance\/wp-json\/wp\/v2\/comments?post=680"}],"version-history":[{"count":3,"href":"https:\/\/sudbury.ma.us\/finance\/wp-json\/wp\/v2\/posts\/680\/revisions"}],"predecessor-version":[{"id":687,"href":"https:\/\/sudbury.ma.us\/finance\/wp-json\/wp\/v2\/posts\/680\/revisions\/687"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sudbury.ma.us\/finance\/wp-json\/wp\/v2\/media\/527"}],"wp:attachment":[{"href":"https:\/\/sudbury.ma.us\/finance\/wp-json\/wp\/v2\/media?parent=680"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sudbury.ma.us\/finance\/wp-json\/wp\/v2\/categories?post=680"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sudbury.ma.us\/finance\/wp-json\/wp\/v2\/tags?post=680"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}