Apr 14, 2026Board meeting
City Council Special Joint Meeting
The City Council held a joint meeting with the School Committee to review the financial condition of the city, including revenue and expenditure forecasts, in preparation for the upcoming fiscal year 2027 budget process. The finance director provided an overview of fiscal challenges facing municipalities in the Commonwealth, such as rising operational costs, inflationary pressures, and the limitations of Proposition 2.5. The discussion included potential revenue enhancements, the impact of state aid trends, and strategies for maintaining services amidst budget constraints.