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Finance committee reports first-draft tax budget and forecasts $1.4 million surplus; tax budget public hearing set

5024919 · June 11, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Norwood’s finance committee submitted a report noting a first draft of the 2026 tax budget, hiring exams in the treasurer’s office, the rollout of a purchasing-card manual, and a current forecast of $1,400,000 more income than estimated; a tax-budget public hearing is scheduled for June 24.

The finance, budget, audit and claims committee reported progress on the city’s 2026 tax budget and other administrative items and forecast a near-term surplus.

Chairperson Mister Jeff Curtin told council the auditor’s office has a…

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