NAHANT — The Select Board and Advisory & Finance Committee approved a package of year-end budget transfers for town departments Monday night to close out fiscal year 2026.

Town officials approved a series of year-end budget transfers, funding out-of-district special education placements and transportation, increased police training and vehicle repairs, and an unusually costly winter snow-and-ice season, along with other areas across town that required funding.

“I really am pulling from every available savings in the FY26 budget, which means that there’s really no surplus from FY26,” said Town Administrator Alison Nieto.

Due to an intense winter, the town was required to fund four line items regarding snow and ice, totaling $276,479.80, which drew funds from multiple departments.

“Our snow and ice deficit was one of the larger ones that we’ve had in recent history, and that’s just because of the winter that we had,” Nieto said.

Per municipal finance law, snow and ice is the one account the town is allowed to overspend, and if there aren’t enough savings to cover the shortfall, that deficit can legally be raised on the following year’s tax levy.

“So luckily, we are utilizing all of these small savings. We’re able to cover the snow and ice deficit, and I won’t have to raise anything on the tax recap when we set the tax rate for FY27,” Nieto said.

In the School Department, $200,389.01 was approved to be transferred from three line items in the school’s budget — Special Education Tuition, the North Shore Essex Tech assessment, and the reserve fund — to fund line items including salaries across the department, tuition, and transportation costs.

“After all of this, there’s going to be no remaining general fund monies in the school budget. That’s usually what you would transfer into a reserve fund,” Nieto said.

In the Police Department, $39,753.35 was taken from reserve funding to pay for in-service training for officers and vehicle repair.

“Here’s where the reserve fund transfer popped up again. This is a second use of the remaining funds that are in the reserve fund to transfer to cover these overages in the police budget,” Nieto said.

Police Chief Timothy Furlong said, “Previously, the state has mandated certain trainings, and they do so without really checking with anybody. For example, we used to have to qualify with our firearms once a year. Last year, they told us we had to do it twice a year, so we’re at the range twice a year, which is a rather large cost.”