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Norwalk council adopts midyear budget amendments, projects balanced fiscal year
Summary
Council adopted Resolution 26-13 approving midyear FY 2026 budget amendments after staff reported revenues modestly exceeded projections, expenditures were under budget last year and proposed adjustments raise total appropriations to about $88 million while maintaining the city's fund balance policy.
Norwalk City Council voted on Feb. 17, 2026, to adopt Resolution 26-13, a midyear review and proposed amendments to the city's FY 2026 budget.
Finance presenter Yana Stewart told the council the city closed the prior fiscal year in a better position than anticipated: revenues came in about 2% above projections (approximately $1.4 million) and expenditures ended under budget, producing roughly $5.7 million in savings. Stewart said staff is proposing upward adjustments to revenue…
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