Budget and Finance (Town Council) Meeting - 3/17/2026

The Town of Bridgewater, MA Budget and Finance Committee meeting on March 17, 2026, focused heavily on discussions around the proposed veterans' property tax exemption under Chapter 59 Section 5 (the HERO Act). Committee members and public speakers, including veterans and advocates, expressed strong support for increasing the exemption to 100%, noting the economic and social benefits of supporting veterans. The committee debated a tiered approach to implementation, ultimately recommending a 50% exemption starting this year with a goal of full funding within two years, acknowledging the budget impact of approximately $100,000. Additionally, the meeting addressed budget challenges for the local school district, highlighting concerns about funding shortfalls, class sizes, and accreditation risks. A $10,000 grant for trail development was also approved. The committee emphasized the need to balance veteran benefits with school funding and other town priorities in the upcoming budget cycle.