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Norwood budget committee sets $7.45 million free‑cash target, votes to adjust transfers and ask modest cuts
Summary
The Budget Balancing Committee voted unanimously to recommend using $7.45 million in one‑time free cash to balance the FY26 budget, asking general government and the schools for additional modest reductions and lowering the planned transfer to the town's OPEB account.
The Town of Norwood Budget Balancing Committee on Feb. 26 voted unanimously to recommend balancing the FY26 budget using $7,450,000 in one‑time free cash while asking for modest additional reductions in departmental requests and reducing the planned transfer to the town's OPEB account.
The committee chair put a motion to the body after a series of discussions about shared costs, school budget tiers and reserves. The motion passed on a voice vote with the recorded responses: Teresa Stewart — Yes; Anne Marie Mazzola —…
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