Finance Committee

Government · Finance Committee

Cambridge Finance Committee forwards 12 department budgets to full council vote

Cambridge Finance Committee advances more than $115 million in FY2027 department budgets in all-day hearing.

Townbrief reporting · May 12

Government · Finance Committee

Cambridge Finance Committee Forwards $293.5 Million School Budget With Favorable Recommendation

Cambridge Finance Committee advances $293.5 million school budget with a 6-2 favorable recommendation.

Townbrief reporting · May 6

Government · Finance Committee

Cambridge Finance Committee Sends 14 Department Budgets to Full Council with Unanimous Recommendations

Cambridge Finance Committee advances 14 department budgets on first day of FY27 hearings.

Townbrief reporting · May 5

Government · Finance Committee

Cambridge Councillors Push Harvard for Higher PILOT as June Deadline Approaches

Cambridge councillors pressed Harvard for a larger voluntary payment as the city's one-year PILOT agreement nears its June 30 expiration.

Townbrief reporting · Apr 30

Government · Finance Committee

Cambridge Finance Committee Votes to Scope Social Housing, Supportive Housing, and Childcare

Cambridge Finance Committee designates social housing, supportive housing, and childcare as top three budget priorities.

Townbrief reporting · Apr 9

Government · Finance Committee

Cambridge Finance Committee Reviews $57.4 Million Police Budget Ahead of City Manager Submission

Cambridge Finance Committee reviews $57.4 million police budget, flags $8 million overtime overage.

Townbrief reporting · Mar 10

Government · Finance Committee

Cambridge Sets 9 Percent Debt Target as Capital Spending Tops $1.1 Billion

Cambridge Finance Committee sets 9 percent debt target as five-year capital plan tops $1.1 billion.

Townbrief reporting · Dec 11

Government · Finance Committee

Cambridge Finance Committee Sets 3.5 to 4 Percent FY26 Budget Growth Target

Cambridge Finance Committee opens FY26 budget review in November, targeting 3.5 to 4 percent spending growth while projecting up to an 8 percent property tax levy increase.

Townbrief reporting · Nov 20

Government · Finance Committee

Cambridge Reports 60 Percent of $88 Million ARPA Funds Spent as Deadline Approaches

Cambridge Finance Committee reviews ARPA spending with $53 million spent and year-end deadline pressing.

Townbrief reporting · Aug 7

Government · Finance Committee

Cambridge panels recess Affordable Housing Trust review, reconvened session planned

Cambridge committees recess a joint review of the Affordable Housing Trust after a two-hour session that surfaced disputes over transparency, developer vetting, and a contested $18 million project award.

Townbrief reporting · Jul 10