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Norwalk financial update: city appropriation contingent on state grant; CEP meals funding secured for year
Summary
Finance staff told the Norwalk Board of Education the FY26 budget remains $242.7 million and that a $4.5 million city appropriation (of which $1.5M is received and $3M depends on the city receiving a $10M state grant) is earmarked to reinstate more than 50 positions.
Norwalk finance staff presented the monthly financial report as of Sept. 30 and provided updates on grant and food-service funding.
Mr. Osmani (presenter) said the approved FY26 budget base was $242,700,000. The board subsequently agreed to a $4.5 million appropriation from the city and a $2 million appropriation to the district’s health-insurance account for a combined $6.5 million in additions. Of the $4.5 million appropriation, $1.5 million has been received; $3 million remains contingent on the city receiving a $10 million state grant, Mr. Osmani said.
Staff said the…
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