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Norwalk Park Authority approves FY2026 budget, rate changes and $1.75 million bond
Summary
The Norwalk Park Authority unanimously approved a FY2026 budget that incorporates a modest rate increase, separates a 2020 state sales tax from transient rates and includes a $1,750,000 bond request for garage concrete repairs.
The Norwalk Park Authority on a January meeting unanimously approved its fiscal year 2026 budget, a proposed rate change that separates a 2020 state sales tax from transient parking rates, and a $1,750,000 bond to fund concrete and waterproofing repairs at the Yankee Doodle Garage.
The vote came after staff presented revenue and expense forecasts and discussed several budget line items with commissioners. Rocky, Parking Authority finance staff, said the authority “performed strong” on several revenue streams and noted specific variances in vending and concession payments. Commissioners asked for clarifications on enforcement revenue, personnel…
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