Newton Public Schools FY27 Digital Budget Book

Massachusetts School Building Authority (MSBA)

Administers the state program that reimburses cities, towns, and regional school districts varying percentages of their school construction costs depending on the community’s or district’s wealth and the category of reimbursement.

Massachusetts Teachers Retirement System (MTRS)

The state board that administers the teachers’ retirement system is authorized under Massachusetts General Laws Chapter 15, Section 16. See https://mtrs.state.ma.us

McKinney-Vento Services

Services rendered to a student who is homeless as defined by the McKinney-Vento Homeless Assistance Act's definition of "homeless children and youth," 42 USC 11434(a)(2). The McKinney-Vento Homeless Assistance Act is a federal law that was first enacted in 1987. A certain percentage of the funds go to school districts. Transportation of a homeless student to and from the student's school of origin that is located outside of the boundaries of the school district in which the homeless student temporarily resides. For purposes of homeless student transportation, school of origin shall mean the school where the homeless student was last enrolled, or the school attended when the student was permanently housed The minimum that a city or town must appropriate from property taxes and other local revenues for the support of schools (Massachusetts Education Reform Act of 1993). A continuum of evidence-based practices matched to student needs, in which students with high levels of need receive greater amounts of support An estimate of the percentage change in a municipality's revenue growth for a fiscal year. It represents the combined percentage increase in the following revenue components: automatic 2½ percent increase in the levy limit, estimated new growth, change in selected unrestricted state aid categories, and the change in selected unrestricted local receipts. Related: Proposition 2 ½, Massachusetts Education Reform Act of 1993 An acronym for “Municipal Uniform Information System”. This is the accounting software used by the City of Newton and Newton Public Schools. MUNIS is used by the district to provide financial and staffing information, perform payroll, human resources, and other administrative duties, and is used by individual staff members to

McKinney-Vento Student Transportation

Minimum Required Local Contribution Multi-Tied System of Support (MTSS) Municipal Revenue Growth Factor (MRGF)

MUNIS

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