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Cranston finance committee reviews budget calendar, rainy-day fund rules ahead of April hearings
Summary
Auditor David DeMaio walked the finance committee through the city's budget calendar and how nine-month financials and a 5% rainy-day fund requirement affect amendment and adoption timelines.
Auditor David DeMaio told the Cranston Finance Committee on March 24 that the mayor will introduce the fiscal 2026 budget April 1 and the council's public hearings will begin April 8, with departmental hearings for police, fire and schools and a second hearing April 12 for remaining departments.
DeMaio said departments will provide nine-month actuals alongside their requested budgets so council members can…
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