Hingham Select Board Approves $1.7 Million in FY26 Year-End Reserve Fund Transfers

HINGHAM -- July 7, 2026, Hingham's Select Board voted unanimously to approve $1.7 million in fiscal year 2026 year-end reserve fund transfers at its July 7 meeting, coming in roughly $1 million under the $2.7 million available after Annual Town Meeting. Acting Chair Julie Strehle and member Bill Ramsey, the only two members present, approved twelve separate reserve fund transfers presented by Assistant Town Administrator for Finance Katie Dugan, who noted that schools came in nearly $600,000 under their special education forecast and that a $296,234 state fair share supplemental payment reduced the snow and ice transfer request from a projected $1.1 million to $85,428. The largest single transfer was $216,766 to legal services, which Town Administrator Tom Mayo described as a "borderline structural" annual deficit the board may revisit in the next budget cycle. Workers compensation drew concern after coming in $150,000 higher than last year at $360,922, prompting Ramsey to volunteer as a Select Board liaison to examine longer-term management strategies with Town Counsel Kevin Feeley. On a brighter note, police overtime required only a $15,537 reserve fund transfer against an earlier forecast of up to $200,000.