Task Force Reviews Fiscal Stability Plan Amid $3.4 Million FY28 Deficit
Northampton's Fiscal Assessment Community Task Force holds first public review of five-year Fiscal Stability Plan. The task force examined the city's revenue structure, finding that property taxes account for 61.79 percent of total revenue, while state aid contributes 13.58 percent. Current
Fiscal Assessment Community Task Force · Meeting of September 16, 2026
Northampton's Fiscal Assessment Community Task Force holds first public review of five-year Fiscal Stability Plan. The task force examined the city's revenue structure, finding that property taxes account for 61.79 percent of total revenue, while state aid contributes 13.58 percent. Current projections indicate a potential deficit of approximately $3.4 million in FY28.
City payroll has increased 19.5 percent over the past four years, while school payroll has increased 57.8 percent in the same period. Health insurance costs are rising more than 5 percent per year. The task force voted to dedicate an October 7 meeting to processing public forum feedback and clarifying its mission, with the deadline to complete work and make recommendations by early December.
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Source: the Fiscal Assessment Community Task Force meeting of September 16, 2026, compiled from the official minutes.
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