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Malden’s proposed FY2027 budget totals $240.34 million and would use $5.2 million in free cash, while proposing 17 general government layoffs and potential reductions affecting four cadets. The plan also includes no cost-of-living increase for bargaining units in FY2027 and relies on a multi-year effort to address structural budget pressures.
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The committee reviewed, but did not approve, the proposed FY2027 budget. Schools would receive $102 million and health insurance is estimated at $28.9 million, while the city expects to manage higher costs after federal ARPA funds are no longer available. The proposal may affect city staffing, although some listed reductions involve vacant positions and negotiations are ongoing.
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