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Norwalk City Manager outlines FY2027 budget priorities as taxable value climbs
Summary
City Manager Luke presented the fiscal year 2027 budget framework on Jan. 15, citing strong taxable‑valuation growth, a recommended 3% base wage adjustment, and competing priorities on capital projects and staffing amid state rollback changes that limit revenue capture.
City Manager Luke laid out the framework for Norwalk’s fiscal year 2027 budget during a dedicated council work session Jan. 15, telling councilors the key decisions are which capital projects to pursue, what base wage adjustment to adopt and whether to adjust the city’s levy.
Luke emphasized that Norwalk’s taxable valuation has grown and said that while the city is in a healthy growth phase, much of the added commercial and industrial value is initially diverted to tax increment financing (TIF) agreements and therefore does not immediately flow into the general fund. “Do you want to…
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