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Norwood Finance Committee approves FY26 operating budget, shared costs and CPC funding recommendations
Summary
At its March 27 meeting the Town of Norwood Finance Committee approved the FY26 operating budget line items and shared-costs schedule and unanimously approved Community Preservation Committee funding recommendations; the committee also approved minutes from its March 20 meeting.
The Town of Norwood Finance Committee voted on March 27 to approve key components of the FY26 operating budget and related spending plans, including the general government total, the school budget, shared costs and Community Preservation Committee (CPC) project recommendations.
Committee members approved the general government total of $43,187,399, the school budget of $65,292,117 and a shared-costs package totaling $46,901,808. The Finance Committee also voted to add $1,050,730 to CPC reserve accounts and approved a slate of CPC project appropriations totaling $748,000, all by recorded roll call votes.
The budget approvals were taken by category: committee members voted on the category-level line items that feed the townwide bottom line (salaries, operating and capital lines…
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