Newton Public Schools FY25 Digital Budget Book

SUMMARY OF GRANT REVENUE FY21-FY24

FY21

FY22

FY23

FY24*

% change from prev. year

% change from prev. year

% change from prev. year

% change from prev. year

Amount

Amount

Amount

Amount

Federal Total

$9,587,327 11% $9,252,270 -3% $4,734,431 -49% $6,116,494 29%

State Grants Total

$3,695,435

8% $3,616,143 -2% $3,665,738

1% $3,658,618

0%

Trust Grants Total

$0

$0

$0

$143,787

Private Grants Total

$155,000

-3% $201,555

30% $275,404

37% $262,600

-5%

Total All Grants

$13,437,762

10% $13,069,968

-3% $8,675,573

-34% $10,181,499

17%

State Circuit Breaker Reimbursement Total All Grants Including Circuit Breaker

$5,157,974 -3% $6,114,167 19% $6,562,409

7%

$0

-100%

$18,595,736

4% $19,184,135

3% $15,237,982 -21% $10,181,499 -33%

* FY24 figures are as of 3/7/24. Additional grant applications are pending so there could be additional funds awarded prior to 6/30/24.

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