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File #: 436-25    Version: 1 Name:
Type: Order Status: Agenda Ready
File created: 11/13/2025 In control: City Council
On agenda: 11/18/2025 Final action:
Title: 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 $10,000,000 in real estate and personal property taxes through a debt/expenditure exclusion, for the specific purpose of paying for the construction associated with de-leading Roosevelt Park to a full 3 foot depth and for the restoration of a natural grass field and drainage system, for which the monies will be used for the fiscal years beginning July 1, 2026 through June 30, 2037? 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 2036 (07/01/2036 to 06/30/2037). A no vote would make no change to the current tax structure.
Sponsors: Ryan O'Malley, Karen Colon Hayes
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Title

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 $10,000,000 in real estate and personal property taxes through a debt/expenditure exclusion, for the specific purpose of paying for the construction associated with de-leading Roosevelt Park to a full 3 foot depth and for the restoration of a natural grass field and drainage system, for which the monies will be used for the fiscal years beginning July 1, 2026 through June 30, 2037?

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 2036 (07/01/2036 to 06/30/2037).

A no vote would make no change to the current tax structure.