• Robust and regular communication between school and city officials to review the fiscal needs and constraints of both the city and the schools. • City assessment of revenue trends and sources of support for schools from property taxes, federal funding opportunities, and other local revenues. • Review of any other trends that may impact school finances. Alignment with System-wide Goals and School Committee Budget Guidelines The proposed budget is responsive to the current Newton Public Schools System-wide Goals, both educational and managerial, to support the Newton Public Schools System-wide Goals. Budget Timeline Below is a brief timeline of the most important aspects of the development of the FY’26 Budget. In fiscal year 2026, the CIP and operating budget followed a similar timeline.
The School Committee reviews the Multi-year Budget forecast as well as the Fiscal and Operations reports to report the financial status of the district. Grant Award acceptance reports to the School Committee are ongoing throughout the year.
November - June
HR and BFP complete staffing reconciliation process comparing actual FTEs to budgeted FTEs to determine base budget for next fiscal year.
November
November 4, 2024
FY26 Budget Guidelines - 1st Read at School Committee Meeting
November 18, 2024
Approved SC Budget Guidance
Principals indicate staffing analysis and budget recommendations based on student performance data analysis. Principals indicate staffing 90 day performance concerns and possible personnel and hiring impacts. Budget guidance documents for principals and departments are created and shared to aid in the budget planning process. Principal and Central Staff Meetings
Mid November/ December
Central Staff and Principals meet to discuss any programmatic improvements, restructuring, and efficiencies. The team will also develop a list of programs, services, and staff reductions if required. Business, Finance
November - Jan
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