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Light board signals first rate hike in years

From Wellesley News

  • Advisory Committee weighs pay grade fix, pond petition. Wellesley's Advisory Committee weighed a proposed pay grade that could push salaries toward $230,000 for three department directors, and heard a tangled, decades-old ownership question over White Pond's conservation trust. Both return for committee votes in October.Wellesley News
  • Select Board approves Laurel Avenue aqueduct license. Wellesley's Select Board let developer Babson House LLC use town land near the Cochituate Aqueduct for an 18-month MBTA Communities housing conversion, with a water loop and walkway relocation in exchange. The board also sparred over how draft meeting minutes should be worded.Wellesley News
  • Planning Board vets First Citizens Bank housing payment. Wellesley's Planning Board finalized a First Citizens Bank housing permit at 26 Washington Street after a vice chair flagged a trust calculation discrepancy, then warned a counsel reversal on another project could affect 'all future' MBTA Communities developments.Wellesley News
  • Town boards get early warning on FY28 budget. Wellesley town boards got an early look at a tight fiscal 2028 budget: all nine union contracts remain open, health insurance costs are projected up 8 percent, and the new capital committee warned of a 'mountain of capital' still to fund.Wellesley News
  • Select Board reviews executive director's merit raise. Wellesley's Select Board reviewed Executive Director Megan Jopp's performance after what Chair Marjorie Freiman called a 'staggering' year of recruiting and launching the capital planning committee. Town Clerk Casey Cato reported more than 6,200 mail-ballot requests for the November 3 state election.Wellesley News
  • Light board signals likely rate increase. Wellesley's Municipal Light Board heard that a costly winter of oil-fired power at the regional Watson plant forced a multimillion-dollar draw from its reserve, with the director saying a rate increase is now likely for the first time in years.Wellesley News

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