Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Town Manager says reported $6.6 million budget gap has been trimmed; balanced FY27 proposal expected in April
Summary
Michael Borg addressed headlines about a $6.6 million gap, explained the budget process of unconstrained departmental requests and conservative trimming, said free cash at fiscal year end was about $6 million and local receipts have grown from roughly $6M to nearly $10M over five years.
Town Manager Michael Borg responded to recent coverage that described a $6.6 million shortfall in the FY26 budget process and outlined how the administration is narrowing requests to produce a balanced budget proposal for the council in April.
Borg described the process: departments submit unconstrained funding requests; the administration then trims those requests to match realistic revenue expectations. "So even though there's a gap when we total it all up between…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
