Malden residents will soon face a pivotal decision at the ballot box, as city leaders propose a Proposition 2½ override aimed at addressing a growing municipal budget shortfall. The vote, scheduled for March 31, 2026, could authorize an increase in property taxes beyond the state-mandated 2.5% cap, potentially raising millions in additional revenue to avoid sweeping cuts to essential city services.

The proposed override comes amid mounting financial pressure fueled by inflation, stagnant state aid, and the expiration of federal relief funds that had temporarily bolstered city finances during the pandemic. Without the override, city officials warn that Malden could be forced to make significant reductions in staffing and programs, affecting everything from public safety to housing stability and education services.

Mayor Gary Christenson emphasized the real-life consequences of the fiscal strain, noting that budget decisions translate directly into the availability of critical services. “This budget crisis isn’t just about numbers—it’s about people,” Christenson said, pointing to programs like Housing Stability that could be at risk if funding gaps persist.

The Malden Finance Committee is preparing to present the override proposal to the City Council in the coming weeks. The plan includes two potential tax increase options—one raising $5.4 million and the other generating $8.2 million—each designed to offset the projected budget deficit. The higher amount would allow the city to maintain current service levels and staffing, while the smaller figure may require some reductions.

Councilor at Large Carey McDonald has voiced support for a tiered tax increase approach, which he believes can balance the city’s fiscal needs with residents’ capacity to pay. Under the proposed plan, the average homeowner would see an annual property tax increase of approximately $360.

Ward 3 Councilor Amanda Linehan expressed concern about the long-term effects of potential staff reductions. With the average municipal staff position costing around $100,000 annually, city officials estimate that dozens of jobs could be on the line if the override fails. “These aren’t just numbers on a spreadsheet—these are people doing vital work for our community,” Linehan said.

Further complicating the city’s financial picture is the loss of $1.1 million in expected casino mitigation funding, which had previously helped offset some municipal expenses. Additionally, challenges related to the state’s education funding formula have added pressure to the school budget, raising concerns about the sustainability of student support services.

The Committee to Keep Malden Affordable, a local advocacy group, has emerged in opposition to the override, raising concerns about the impact of higher taxes on residents already struggling with the cost of living.

The City Council meeting where the Finance Committee will formally present the proposal is expected to include a public comment session, giving residents the opportunity to voice their opinions before the Council votes on whether to place the override question on the March ballot.

As Malden approaches this critical juncture, city leaders are urging residents to engage in the process and consider what’s at stake. The outcome of the vote will determine whether the city can maintain its current level of services or move forward with potentially deep and lasting cuts.