Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Malden council finance chair says city faces long‑term fiscal gap at FY2026 public hearing
Summary
At a May 20 public hearing on the proposed fiscal year 2026 budget, Finance Committee Chair Councilor McDonald warned Malden faces a multi‑year structural gap that will require either spending cuts, revenue increases or both; no budget vote was taken at the hearing.
The Malden City Council held a public hearing on the mayor’s proposed fiscal year 2026 budget, which covers July 1, 2025–June 30, 2026. Councilor McDonald, chair of the Finance Committee, told the meeting the budget is “one of the most important things the council does” and outlined the city’s fiscal position.
McDonald said Malden Public Schools are the largest single department in the budget and that the “whole city budget is more like $240,000,000 per year.” He warned the…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
