Finance Committee

 

2024 Omnibus Budget

Vision

The town of Sterling has the financial resources to achieve its stated goals while minimizing taxes and fees on its residents and businesses.

Mission

Provide financial leadership and guidance to the town organizations and general public.  Ensure Town organizations deliver services while optimizing financial resources.

Sterling Finance Committee Guiding Principles

  1. Minimize year over year tax levy changes.
  2. Treat all departments, committees and individuals consistently and respectfully.
  3. As a guideline, maintain the Capital Fund at a level equal to the total annual capital asset depreciation or greater.
  4. As a guideline, items considered for the Capital Fund should have a useful life of greater than 5 years and a cost of $25K or more.
  5. As a guideline, items considered for bonding should have a useful life greater than 10 years and a cost of $100K or more.
  6. Maintain a 3-year planning horizon.
  7. Focus on the fiscal aspects of all Town issues and remain neutral to the "politics" of issues.
  8. Maintain a strong fiscal discipline and continue to emphasize the importance of healthy reserves.
  9. Make decisions that will serve to maintain and increase the taxpayers’ and voters’ trust and respect, paving the way for confidence in future Finance Committee decisions.

Vision and Mission Statement Adopted December 1, 2022

Those interested in serving on the Capital or Finance Committees are encouraged to submit an application even if the current committee is "fully staffed". Your application should be forwarded to Kjayne@sterling-ma.gov and will be held for consideration when an opening becomes available. 

Board Members

Name Title
Joseph King Vice Chair
Lynne Sheppard Member
Christina Lashua Member
George Handy Chair
Paul Austin Member
Ezequiel Ayala Member
Mark Gauthier Member