WEYMOUTH – April 21, 2026 – Mayor Mike Molisse and Acting CFO Ted Langill presented a $227.4 million fiscal year 2027 budget on Tuesday night, characterizing it as a responsible, “level-service” plan that avoids the tax overrides currently plaguing surrounding South Shore communities. Supported by a 4.1% increase in recurring revenue and a decade of aggressive new growth, the proposal fully funds town departments and aims to reach 100% of the school department’s requested funding through a combination of operating funds, a new $500,000 Special Education Reserve, and internal shifts.
The Full Story
In his first budget presentation as Mayor, Mike Molisse emphasized fiscal stability, noting that while many Massachusetts towns are in “budget crisis,” Weymouth remains in “great shape”. The proposed $227,437,484 budget relies heavily on the town’s historical success in attracting new growth, which has added $20 million in new revenue over the last ten years—triple the average of other South Shore towns when excluding Quincy.
Acting CFO Ted Langill detailed the “bridge” strategy, using current commercial revenue to sustain the town until major projects like Union Point begin generating significant permit fees. Despite facing an 8% increase in debt service for road and sewer projects and a 6% hike in health insurance costs, the administration maintained that Weymouth still offers the lowest average single-family tax bill on the South Shore.
