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The committee reviewed a proposal for a March 31, 2026 special municipal election featuring a ballot question on $5.4 million in additional real estate and personal property taxes. The minutes do not record a final vote on the proposal.
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If approved by voters, the proposed tax increase would support Malden’s budget and services beginning July 1, 2026, including schools, public safety, the library, public works, and general government. Officials also explained how new construction, property conversions, and business equipment affect the tax base under Proposition 2½. The committee expressed urgency about zoning and economic development changes but did not record a final action on those initiatives.
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