New Canaan selectmen approve FY 2026 budget package, forward it to Board of Finance

The New Canaan Board of Selectmen on Jan. 30 approved the town’s proposed fiscal year 2026 budget package and forwarded it to the Board of Finance for review.

The action, taken unanimously at the Selectmen’s regularly scheduled meeting, included approvals of the general fund operating expenditure budget of $183,109,696 and a recommended $5,000,000 fund‑balance contribution. The board also approved a total general fund operating revenue figure of $178,109,696, which consists of the board’s revenue estimates plus the fund‑balance contribution. The Selectmen recorded an overall recommended year‑over‑year increase of 4.67 percent.

The vote completes the Board of Selectmen’s part of the town budget process and sends the package to the Board of Finance, which begins its review the week of Feb. 6, the board said.

Why it matters: The Selectmen’s approvals set the figures that the Board of Finance and later the Town Council will use in their deliberations. The package includes multiyear operating and capital items that affect property taxes, town services and school support.

Key figures and approvals

- General fund operating expenditures approved: $183,109,696. - General fund operating revenue (before final Board of Finance adjustments): $178,109,696. - Amount to be raised by taxation…