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434-25

Order: That during the City of Malden Special Municipal Election to be held on February 10, 2026, the following debt exclusion ballot question be included: Shall the City of Malden be allowed to temporarily assess an additional $36,000,000 in real estate and personal property taxes through a debt/expenditure exclusion, for the specific purpose of paying for the construction of the Northeast Metropolitan Regional Vocational Technical School, for which the monies will be used for the fiscal years beginning July 1, 2026 through June 30, 2052? A yes vote would support a temporary increase in real estate and personal property taxes beginning with fiscal year 2027 (07/01/2026 to 06/30/2027) until fiscal year 2052 (07/01/2051 to 06/30/2052). A no vote would make no change to the current tax structure.

Order Reported from Committee Introduced November 13, 2025
Committee
City Council
Introduced
November 13, 2025
On agenda
November 18, 2025

Where it was heard

City Council Jan 13, 2026 adopted Fail Finance Committee Jan 13, 2026 recommended unfavorably Pass Finance Committee Dec 16, 2025 City Council Nov 18, 2025 referred Pass