Welcome to the online home of the Town of Lexington Budget.

The budget process is one of the most cumbersome, yet important, tasks that the community faces annually. Prioritizing what is distributed where affects everyone within the community, and it is important that everyone feels enfranchised in an open and collaborative process.

Dates and links to documents will be added as they become available

FY2022 Budget

Fiscal Year 2022 Recommended Budget & Financing Plan
(Brown Book)
Budget Transmittal Letter

Fall Summit - FY2021 Budget Revisions
September 10, 2020

Financial Summit I
October 8, 2020

Financial Summit II
November 5, 2020

Financial Summit III
January 4, 2021

Financial Summit IV
February 4, 2021

Was not needed.


FY2022 Budget Calendar

June 2020

  • Delayed Annual Town Meeting approves FY2021 budget as proposed in Brown Book, pre-pandemic

August 2020

  • Issue Capital and Operating Budget Guidelines

September 2020

  • Fall Fiscal Summit meets to revisit FY2021 budget in light of updated revenue projections due to the pandemic

  • Fall Special Town Meeting adopts changes discussed at Fiscal Summit

October 2020

  • Summit I – Financial Indicators and Projections – October 8
  • Town Manager Review of Capital Budget Requests

November 2020

  • Town Manager Review of Operating Budget Requests
  • Summit II – Revenue Projections and Revenue Allocation – November 5

December 2020

  • Municipal Budget Hearings with Select Board – December 2, 3 and 8

January 2021

  • Submittal of FY2022 Superintendent’s Recommended Budget to School Committee
  • School Committee Hearings on Budget
  • Submittal of FY2022 Town Manager’s Preliminary Budget to Select Board – January 11
  • Summit III – Review of FY2022 Town Manager’s Preliminary Budget – January 14

February 2021

  • Summit IV – If Necessary.  Comment and Budget Deliberations
  • Select Board Votes on the FY2022 Recommended Budget
  • Budget Decisions and Deliberations Concluded
  • FY2022 Recommended Budget submitted to Town Meeting – February 22

March 2021

  • Municipal Election – March 1
  • Town Meeting Commences – March 22
  • Town Meeting Begins Budget Deliberations – March 22
  • Budget Presentations by Town Manager and Superintendent