# Board of Estimate & Taxation, October 19, 2026

The Greenwich Board of Estimate & Taxation meeting on October 19, 2026, reviewed finance operations and the FY2028 budget guidelines. The finance team described modernization efforts including a JP Morgan strategic-payables arrangement, town-wide Amazon purchasing and planned e-procurement integration, digital accounts-payable workflows, reporting tools, and role-based access controls. The JP Morgan initiative was still awaiting technical integration, with a calendar-Q1 2027 target; the team projected that enrolled vendors could eventually generate up to $300,000 in annual savings. The presentation also cited approximately $42,000 in recurring fees and about $6,000 in avoided report-development costs. A motion to approve two routine applications, including FD1 for $81,200, passed unanimously, though the transcript does not clarify the applications’ details. No major contract award was made.

The board adopted the FY2028 budget guidelines unanimously after approving an amendment that included a 3%-or-less budget target. The guidelines call for three actionable cost-saving recommendations, review of fee structures, analysis of actual spending, and updated capital-project estimates. A separate proposal to reduce the carryforward budget by $1.6 million failed on a 6–6 vote. The HR working group reported that it was preparing an RFP for a municipal compensation and classification study, to be sent to legal and purchasing after its next meeting; no solicitation or award was approved at this meeting. The board also received an update on the Old Granite School reconstruction, where the addition’s foundation pour had begun, and noted a sewer-line adjustment intended to avoid expense.

**Jurisdictions:** sled
**Industries:** Information Technology, Professional Services
**Topics:** Digital Infrastructure, Physical Infrastructure
**Published:** October 19, 2026

### Sources
- [Board of Estimate & Taxation, October 19, 2026](https://www.youtube.com/watch?v=DF_9IwAtv5Q) - Greenwich Community Television