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Malden leaders outline $5.5M shortfall and possible winter override as city tightens budgets
Summary
City leaders said Malden faces a structural budget gap and are considering a roughly $5.5 million Prop 2½ override this winter; Council President Amanda Linehan highlighted insurance‑pool savings and a raised owner‑occupancy exemption to offset impacts for many homeowners.
City leaders on Ooma Community Access Television’s Nov. 4 election broadcast described a looming municipal budget shortfall and sketched a path that would send a tax override to voters this winter.
Amanda Linehan, president of the Malden City Council, said the city has exhausted temporary COVID relief and inflation outpaced the 2.5% annual growth allowed under Proposition 2½. She told viewers the council is preparing a single‑number override of about $5.5 million to close this year’s gap. “What we would…
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