Finance Committee

City Hall, Council Chambers 215 Pleasant Street Malden, MA 02148

Agenda — 9 items

1. 1 Roll Call
2. 2 Minutes to be Approved
3. 2 Also Present: Council President Linehan, Councillor Taylor Councillor O'Malley via Teams Mayor Gary Christenson Maria Luise, Special Assistant to the Mayor Ron Hogan, Chief Strategy Officer Charles Ranaghan, CFO/Controller Daniel Grover, Treasurer Nate Cramer, Assessor Eric Rubin, Director Public Facilities Yem Lipp, City Engineer Alex Pratt, Director OSPCD Anthony Rodriques, IT Director Bob Knox. Director DPW Christopher Mooney, Assistant City Solicitor Councillor McDonald called the meeting to order at 6:16 PM. There willl be audio and video via Teams for this meeting.
4. 3 Minutes of August 28, 2025 to be approved. 367-25 approved Pass
5. 4 Business
6. 5 Order: That the City of Malden hold a Special Municipal Election on March 31, 2026 and to include the following ballot question: Shall the City of Malden be allowed to assess an additional $5,400,000 in real estate and personal property taxes for the purposes of stabilizing the City’s budget and to support ongoing city services across all departments, including public schools, public safety, public library, public works and general government, for which the monies will be used for the fiscal year beginning July 1, 2026? A yes vote would support an increase in real estate and personal property taxes beginning with fiscal year 2027 (7/1/26 to 6/30/27). A no vote would make no change to the current tax structure. 363-25
7. 6 Other Business
8. 7 Adjournment adjourned Pass
9. 8 If you would like to request a reasonable accommodation, please contact Maria Luise, ADA Compliance Coordinator at mluise@cityofmalden.org or 781-397-7000 Ext. 2005 For instructions on enabling live translated captions in Teams, please visit: www.cityofmalden.org/captions