Headlines like this reflect, and contribute to, a misunderstanding of public finance. Marblehead is not an affluent town!
www.bostonglobe.com/2026/03/17/m...
bostonglobe.com
‘That pot of money has pretty much run out.’ Affluent Marblehead could have to close the town library to balance its books. - The Boston Globe
Town officials will present a tax override measure to voters later this year to determine what budget cuts are necessary.