- The net budget is approximately $180 million, a 3.14 percent increase from last year. Of the $5.4 million increase overall, just about $1,100,000 is from increases in fixed costs such as Health Insurance of $400,000 and Pension costs of $700,000.
- An additional increase is a result of Trash/Recycle of $400,000 and $200,000 is attributed to MWRA assessments for Water and Sewer. If these fixed costs are excluded, the increase is 2.1% overall.
https://patch.com/massachusetts/medford/medford-proposed-2020-budget-10-key-takeaways
