Finance Committee May 28, 2026

The Town of Amherst Finance Committee met on May 28, 2026, primarily to discuss and vote on proposed water and sewer rate increases and related regulatory amendments. The committee unanimously recommended that the town council approve the rate increases, which are designed to cover operational costs including staffing and negotiated wage increases. The discussion also included considerations for future rate studies, potential differentiated rates for large users such as higher education institutions, and the possibility of impact fees for new developments requiring infrastructure expansion. Additionally, the committee reviewed budgetary constraints and processes, including the limitations on adjusting the elementary school budget and the roles of the town manager and council in budget modifications. The meeting concluded with plans to finalize the budget report and guidance for councilors ahead of the next meeting.