Greater Nashua
Mayor proposes $474.5M to fund FY26 budget
NASHUA - Mayor James Donchess recently released his budget proposal for fiscal year 2026 totalling $474.5 million. The proposal represents an increase of $17.8 million over last year. Within the total figure, $360.6 million would be allocated to the General Fund, for an increase of 5.8 percent. Another $50.3 million would be allocated to the Enterprise Fund and $63.4 million would be allocated to the Special Revenue Fund, which includes grants. During his April 8 presentation to the Board of Aldermen, Donchess said healthcare costs for city employees are expected to climb by $4.1 million. He also said $2.5 million would be transferred to the Capital Reserve Fund. Although most department heads complied with Donchess’ request to limit budget increases to three percent, the School Department proposed an increase of 4.7 percent, which the mayor reduced to four percent. ...