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FY07 School Budget Status at a Glance
(2006-2007 School Year)
| FY2006 Budget |
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$36,373,138 |
(Typically, the prior year's budget is the starting point for municipal budget discussions. The FY06 and FY05 budgets were both less than a "Level Fund" budget and did not adequately account for increased enrollment. To the greatest extent possible, cuts in direct student services were avoided over the past two years using a number of one-time budget cuts and pre-paying for any items that may be pre-bought using prior year's surplus funds from salary savings. In FY06, $713,000 had been pre-purchased from FY05 surplus funds.) |
| Superintendent's Needs-based Budget |
+12% |
$40,755,409 |
Superintendent's request to provide the same level of education in FY2007 as in FY2006. Includes impact of increased enrollment and catch up positions for arts, media, and guidance after prior two less than level fund school department increases. The presentation from the January 2006 Budget Hearing may be found here. |
| Level Fund |
+7.1% |
$38,979,844 |
Last year's budget plus restoration of the $713,000 of one-time savings plus contractually mandated increases (salaries and mandates). This assumes that the schools do not increase spending in any way other than that required by law or negotiated contract. Level fund budgets do not provide for any enrollment growth. |
| Projected Enrollment Growth |
+2.7% |
134 Students |
In general terms, this represents 5-6 equivalent new classes of students and demand for educational services. |
| "Balanced Budget" Revenue Available from the Town |
+4% |
$37,824,911 |
This represents the FY06 School Budget dollars PLUS new revenue ($1,451,773) available from the Town for the School Committee budget. If no override passes, this is the budget that the School Department will use in FY07. |
| Voted School Committee Override Request to be placed on the April 2006 Ballot |
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$1,476,017 |
This represents what the School Committee has identified as needs to provide adequate and expected educational services to Needham school children. Some $250,000 of pre-purchases have been identified and will use surplus FY06 funds. The School Committee does not expect to have significant further funds to return to the Town at the end of the fiscal year. Click here to see what cuts this will represent if the Operational Override does not pass. The override amount includes $120,000 of benefits for school department employees. The money for benefits will go to the Town budget because that is where all benefits are held in the budget. |
| Voted by School Committee for FY2006 (2/24/06) |
+4%
+7.7% |
$37,824,911 (without Override)
$39,180,928 (with Override) |
School Committee's budget request, after further cuts and decisions about what may go on the override request. |
Be an informed voter
Citizens for Needham Schools has compiled a great deal of documentation about town finances and school department budgets. In addition, we offer links to topical articles about the state of public school standards, performance and funding.
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