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Newport officials outline FY2025–26 budget timeline, warn of flood-related uncertainty and audit delay
Summary
City administrator James Stincham distributed the FY2025–26 budget and said the city aims for readings in May and June but faces fiscal uncertainty from flood expenses and an incomplete audit tied to the grammar school's records; staff also said health-insurance premiums will not increase this year after successful negotiation.
City administrator James Stincham told the Newport City Council that the proposed FY2025–26 budget packet was distributed to council members and staff hope to hold a first reading in May and a second reading in June so the budget can take effect July 1.
Stincham said flood-related costs have raised “a lot of question marks” about the coming year because the city…
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