transportation costs–but this is rare given the expertise extant in the Newton Schools. Newton is a lighthouse district for such programs and is a model for the nation. • Contracted Services are projected to increase by $903,306, or 30% from FY26. This increase is driven primarily for our third-party substitute vendor to cover staff absences in schools. Commitment to finding efficiencies and new revenue We are committed to seeking new sources of funds through a variety of channels, as well as aggressively pursuing grant opportunities, finding new operational efficiencies and revenue opportunities to aid our future budgets. Of course, the new challenges at the federal grant level mean that we may not have the same resources available to us as we have in prior years. All budgets contain areas of risk and trade-offs and, as always, we will continue to closely monitor, assess, and report on our financial situation and work with our city partners to address the challenges that we face. Below is a list of incremental fees, efficiencies, and savings that NPS has undertaken to achieve a more sustainable budget over time. We will continue to recommend the district venture into more revenue generating areas in the future, e.g. school choice program, increasing the number of tuition bearing non-special education preschool classes offered to the community.
Incremental Fees and Other Revenue Item
FY25
FY26
Additional Revenue from Strong Fee Collection Practices
-$50,000
-$51,500
Thrive Development and Alumni Development and Donations Campaign
-$10,000
-$10,300
Helpsy Textile Bins
-$39,000
-$40,170
Preschool programs tuition rate increase
-$150,000
-$154,500
FY26 - Use of School Building rate increase
0
-$127,500
Fee Increases in accordance with actual rate increase
-$45,00
-$162,000
Total Incremental Fees and other Revenue
-$294,000
-$545,970
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