Newton Public Schools FY26 Digital Budget Book

FY26 SC APPROVED BUDGET BY ACCOUNT

BUDGET SUMMARY

FY25 ADJUSTED BUDGET FY26 APPROVED BUDGET CHANGE FROM FY25 BUDGET

FY24 ACTUAL

Account Name

$

FTEs

$

FTEs

$

FTEs

$

%

Salaries Summary SALARIES

$191,830,340 2,182.1 $204,196,210 2,166.9 $211,510,645 (15.2)

$7,314,435 $3,427,797

3.6% 8.0% 4.3%

BENEFITS

$40,311,944

$42,888,627

$46,316,424

$232,142,284 2,182.1 $247,084,837 2,166.9 $257,827,069 (15.2) $10,742,232

Expenses Summary UTILITIES

$5,632,845 $4,830,203 $2,714,999 $9,535,560 $7,358,692 $1,853,709 $1,967,950 $1,340,000 $35,233,957

$6,358,974 $4,944,847 $2,314,974 $7,270,348 $8,801,751 $2,336,951 $2,034,325 $1,500,000 $35,562,170

$6,245,004 $3,519,543 $2,656,158 $7,618,929 $9,250,994 $2,393,852 $1,852,075 $1,600,000 $35,136,555

($113,970)

-1.8%

MAINTENANCE

($1,425,304)

-28.8%

CONTRACT SERVICES

$341,184 14.7%

TUITION

$348,581 $449,243 $56,901 ($182,250) $100,000 ($425,615)

4.8% 5.1% 2.4% -9.0% 6.7% -1.2%

TRANSPORTATION

SUPPLIES

EQUIPMENT ATHLETICS

TOTAL

$267,376,241 2,182.1 $282,647,007 2,166.9 $292,963,624 (15.2) $10,316,617

3.7%

NOTE: The format of this report matches that of the regular monthly fiscal update reports. District-wide costs are summarized by budget account line item.

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