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New Canaan council adopts $184.5 million FY2026–27 budget after insurance reforecast lowers BOE request
Summary
The New Canaan Town Council on April 14 approved a $184,471,451 general-fund operating budget for fiscal 2026–27 after a reforecast of insurance claims lowered the Board of Education's request; the main motion passed 10-2, and related revenue, tax-rate and capital motions were also approved.
The New Canaan Town Council voted April 14 to approve the fiscal 2026–27 general-fund operating expenditure budget of $184,471,451, following a presentation that lowered the school insurance projection and reduced the board's net budget ask. The main motion passed on roll call, 10 yes, 2 no.
The budget change followed a reforecast of the town's internal insurance claims presented to the council by Dr. Lutzky, who said the reforecast reduced the expected claims line in the budget book from $20,118,002.81 to $19,059,006.84. "After looking at all of it and doing a new set of expected claims for next year based on the data that we now have, we are able to improve that number by a…
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