BPS Annual Report

BRANFORD PUBLIC SCHOOLS Budget Overview

BUDGET

The Branford Board of Education budget for fiscal year 2025 is $65,428,110, a 4.0% increase over the prior fiscal year. In addition to the operating budget support, the district received capital funding in the amount of $621,000 to address large scale projects and the support of technology leases. Annually, the administrative team works closely with the Board of Education to develop a thoughtful and responsible budget that provides opportunities for systemic improvement with sensitivity to sustainability and fiscal responsibility. With the recent approval of the Strategic Coherence Plan (SCP), this budget begins shaping a path that will allow for the realization of the goals, strategies and actions articulated in the SCP. Developing the fiscal year 2025 budget was particularly challenging due to an expiring grant provided through the Elementary and Secondary School Emergency Relief Fund (ESSER). When organizations confront fiscal cliffs of this magnitude, they grapple with difficult decision making. Despite those challenges, efficiencies were maximized wherever possible to preserve the benefits of the grant while maintaining or enhancing the quality of learning opportunities for students wherever possible.

HISTORICAL BUDGET DATA TABLE

FISCAL YEAR

BUDGET

RTM APPROVED

INCREASE %

Operating Budget

$65,428,110

4.00%

FY 2024-2025

Capital Budget

$621,000

--

Operating Budget

$62,911,644

3.30%

FY 2023 - 2024

Capital Budget

$456,925

Operating Budget

$60,931,374

1.70%

FY 2022 – 2023

Capital Budget

$163,000

Operating Budget

$59,905,541

1.80%

FY 2021 – 2022

Capital Budget

$203,000

Operating Budget

$58,828,962

1.90%

FY 2020 – 2021

Capital Budget

$258,916

Operating Budget

$57,731,600

1.70%

FY 2019 – 2020

Capital Budget

$468,000

11

Made with FlippingBook interactive PDF creator