Hanover Faces $6.9 Million Budget Deficit as Town Unveils Sobering Five-Year Financial Forecast

HANOVER - October 20 - Hanover town officials laid out a stark financial picture Monday night, presenting a five-year budget forecast showing cumulative operating deficits totaling $6.9 million between fiscal years 2027 and 2032, with fiscal year 2030 emerging as the most difficult to manage with a projected $2.6 million shortfall. The sobering projecti…