Welcome to the SAVE Task Force
Sustainable Actions for a Viable Economy
Berkley is at a crossroads. Each year, mandated costs, such as health insurance, pensions, and school assessments, rise faster than the town’s revenues. These are expenses the town cannot avoid, and they are straining our budget to the breaking point.
OUR MISSION
Balance the Budget
Create a sustainable financial plan that addresses rising costs and limited revenues.
Protect Essential Services
Safeguard schools, police, fire, library, and other critical community services.
Strengthen Financial Future
Build long-term fiscal stability for Berkley’s residents and families.
Budget Snapshot (Operating vs. Capital)
This shows how Berkley’s operating budget compares to its capital spending. Operating costs are day-to-day (like salaries and utilities), while capital costs are big projects or equipment.
Major Cost Drivers
Berkley’s biggest costs come from insurance, pensions, and school assessments. These are often outside the town’s direct control and rise faster than our revenues.
- Proposition 2½ revenue growth (~2.5%) cannot keep pace with:
- Health insurance (+7–9%)
- Utility and fuel (+6–10%)
- Contractual obligations (+3–4%)
- Vocational assessments (+5–7%)
- Special education costs (+8–10%)
Use of One-Time Funds
Over the past few years, Berkley has used “one-time funds” — such as free cash and stabilization accounts — to cover regular expenses. These funds are running low, and this creates a structural gap.
Viable Scenarios
The task force is reviewing future projections based on different revenue and reform options. We will share updated data as it becomes available.