Finance Committee Re-Elects Gilfoy as Chair and Appoints Homans
Finance Committee re-elected Nancy B. Gilfoy as Chair and appointed Rick Homans to a one-year position pending Select Board approval. Gilfoy announced this would be her final year on the committee, indicating a leadership transition next year. The committee authorized routine FY26 interdepartmental
Finance & Advisory Committee · Meeting of May 20, 2026
TISBURY — Finance Committee re-elected Nancy B. Gilfoy as Chair and appointed Rick Homans to a one-year position pending Select Board approval. Gilfoy announced this would be her final year on the committee, indicating a leadership transition next year.
The committee authorized routine FY26 interdepartmental transfers and discussed S2981, a Seasonal Community State bill requiring municipalities to dedicate short-term rental tax revenues to affordable housing. Committee members expressed concern the mandate, combined with Tisbury's 2.5 percent Community Preservation Committee tax, would strain finances while facing Martha's Vineyard Regional High School capital project costs.
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Source: the Finance & Advisory Committee meeting of May 20, 2026, compiled from the official minutes.
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