Malden City Council Grapples with Budget Deficit Amid Voter Rejection of Tax Increase

Overview: The Malden City Council meeting was marked by discussions surrounding the city’s fiscal challenges following the narrow defeat of a proposed property tax increase. The vote, which failed by 124 votes, has left the city facing a budgetary shortfall, particularly with a $9 million deficit looming due to a $1.6 million miscalculation in school spending.

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