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Council approves FY26 budget and a $2 million stabilization transfer for schools
Summary
The Lowell City Council adopted the FY2026 operating budget and approved a $2 million transfer from the stabilization fund to the school department after extensive debate; administration and CFO described repayment plans tied to certified free cash and possible state actions.
The Lowell City Council adopted the fiscal year 2026 appropriation order Tuesday and approved a separate, one‑time $2 million transfer from the city’s stabilization fund to the Lowell Public Schools to prevent cuts to classroom positions.
Why it matters: Council members said they feared the school department could otherwise cut paraprofessionals and English‑learner tutors; supporters called the transfer an urgent step to protect classroom services while the administration seeks ways to replenish reserves.
After more than an hour of budget discussion, Councilor DeCoteau moved to transfer $2,000,000 from the stabilization fund to the schools; Councilor Gucci seconded. Chief Financial Officer…
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