Norwalk Public Schools Finance Committee Meeting - September 9, 2026

The Norwalk Public Schools Finance Committee met on September 9, 2026, to review the fiscal year 2026 year-end financials, discuss budget transfers, and provide an update on the fiscal year 2027 budget. The committee reviewed the FY26 budget closeout, noting an amended budget of $247.3 million with approximately $200,000 unspent, and discussed carryover funds to cover delayed invoices and severance payments. Budget transfers totaling several hundred thousand dollars were detailed, including reallocations for reserve teachers, special education staffing adjustments, and custodial services moving to an outsourced model. The FY27 budget review highlighted early spending patterns, particularly in salaries and benefits, and noted receipt of an additional $1.95 million in state grant funding. The committee was also introduced to a new financial reporting dashboard designed to increase transparency and public access to budget details. Finally, preliminary discussions on the FY28 budget identified health insurance costs as a major driver, with plans for community engagement and further budget development meetings scheduled. Motions to approve minutes and budget items were passed during the meeting.