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Norwalk leaders lay out FY27 budget gap as schools press for full funding
Summary
City and Board of Education CFOs presented tentative FY27 budgets and warned of revenue pressures from a 2023 revaluation, rising health-insurance costs and collective‑bargaining increases; parents urged the city to fully fund school operations and programs restored last year.
Norwalk City and Norwalk Public Schools officials on the evening reviewed the tentative FY27 operating budgets, with officials from both sides warning that a recent property revaluation, higher employee health‑insurance costs and recent collective‑bargaining agreements are driving a funding gap the city must address.
"We added $3,000,000, thanks to a municipal grant made, from the legislature, that was added to the board of education budget," City CFO Jared Schmidt said, describing one-time and carryforward resources that bolstered the current year. Schmidt told the joint finance committees the city expects employee health‑insurance costs to rise in the 12–14 percent range in FY27 and noted six negotiated contracts that create…
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