Newton Public Schools FY26 Digital Budget Book

Newton Public Schools Digital Budget Book FY2026

FISCAL YEAR 2026 JULY 1, 2025 - JUNE 30, 2026 SCHOOL COMMITTEE BUDGET

Dr. Anna P. Nolin, Ed.D. Superintendent of Schools Newton Public Schools

Connect with us: Phone: 617-559-6000 Website: newton.k12.ma.us

100 Walnut Street Newton, MA 02460

District Leadership

School Committee

Rajeev Parlikar - Ward 1 Anping Shen - Ward 3 Tamika Olszewsk i - Ward 4 Emily Prenner, Vice-Chair - Ward 5

Mayor Ruthanne Fulle r Chris Brezski , Chair - Ward 2 Alicia Piedalue - Ward 7 Barry Greenstein - Ward 8 Paul Levy - Ward 6 (not pictured)

School District first-level administrative personnel Dr. Anna Nolin Liam Hurley Dr. Ayesha Farag Dr. Eugene Roundtree

Superintendent of Schools & Head Teacher Assistant Superintendent, Chief Financial & Administrative Officer Assistant Superintendent, Elementary Education Assistant Superintendent, Secondary Education & Special Programs Assistant Superintendent, Student Services Assistant Superintendent, Teaching and Learning Director, Human Resources Director, Information Technology and Library Services

Casey Ngo-Miller Dr. Gina Flanagan

Dr. Joany Santa Steven Rattendi Christina Maryland, MBA

Director, Communications & Family Engagement Director, English Language Learners Program Director, Diversity, Equity, and Inclusion Director, METCO Program Director, Facilities Chief, Data and Research General Counsel - i -

Allison Levit Kathy Lopes Lisa Gilbert-Smith David Stickney Dr. Katy Hogue Jill Murray Grady

School Leadership

Preschool and Elementary Principals

Kathleen Browning Orla Higgins Averill Diana Guzzi Simone Kotraba Eric Sprung Elizabeth Herlihy Mark Chitty

617 - 559 - 6050 617 - 559 - 9300 617 - 559 - 9330 617 - 559 - 9360 617 - 559 - 9400 617 - 559 - 9450 617 - 559 - 9500 617 - 559 - 9510 617 - 559 - 9540 617 - 559 - 9570 617 - 559 - 9600 617 - 559 - 9630 617 - 559 - 9660 617 - 559 - 6450 617 - 559 - 6480 617 - 559 - 6750

Newton Early Childhood Program Angier Elementary Bowen Elementary Burr Elementary Cabot Elementary Countryside Elementary Franklin Elementary Horace Mann Elementary Lincoln - Eliot Elementary Mason Rice Elementary Memorial Spaulding Elementary Peirce Elementary Underwood Elementary Ward Elementary

Mark Nardelli Maura Morse Jacob Bultema Jamie Yadoff

Andrea Vargas Suzie Talukdar Rebecca Brogadir Anthony Byers KateO ’ Leary

Williams Elementary Zervas Elementary

Middle and High School Principals

Bigelow Middle School Brown Middle School F . A . Day Middle School Oak Hill Middle School Newton North High School Newton South High School

Dr . Dan Green Kimberly Lysaght Jacqueline Mann John Harutunian

617 - 559 - 6800 617 - 559 - 6900 617 - 559 - 9100 617 - 559 - 9200 617 - 559 - 6400 617 - 559 - 6500

Henry Turner Tamara Stras

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Budget Administration

Dr. Anna Nolin ; Superintendent of Schools

Liam Hurley; Assistant Superintendent/Chief Financial & Administrative Officer Alyssa Baringer; Finance Manager Awino Odhiambo; Budget Analyst Janelle Sutherland; Business Operations Coordinator

Special Acknowledgements: Chris Brezski, School Committee Chair - Ward 2

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Budget Award

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Table of Contents Budget Message from the Superintendent

1-3

Executive Summary

FY26 Budget Overview

District Strategic Plan & Goals

6-7 7-9

Budget Timeline Financial Summary

10-11 12-13 14-15

Operating Budget Summary

All Funds Summary

Property Valuations Summary City costs for school debt overview Student Enrollment Overview Personnel Resource Allocation Overview

16 17 18

19-20

Organizational Section

City of Newton: History & Profile

23-24 24-28

Overview of NPS

NPS District Leadership NPS Organizational Chart NPS School Leadership NPS Strategic Plans & Goals

29 30 31

32-34 34-35

Budget Process Policies & Regulations

NPS Basis of Accounting NPS School Fund Types

36-39 40-42 43-44 45-47

NPS Budget Administration & Management Process

NPS Budget Guideline NPS Budget Timeline

Financial Section

Overview of all Fund Types

50-51

Sources of City Funding for NPS

51 53

Revenue Funds Summary All Funds by Object Code

54-59 62-63 64-67

General/Operating Fund Budget Overview Conditions and Assumptions of the FY26 Budget

NPS FY26 Budget Context Multi Year Budget Analysis Factors of the FY26 Budget FY26 Budget Summaries FY26 Budget by Account

68-72 73-79 81-88 90-92 94-98

FY26 Budget Detail by Responsibility Center NPS Additional Detail for Grants & Revolving Funds

100-151 152-166 168-170 172-175 177-257 258-263

NPS High School Athletics Budget

FY26 Out of District Tuition FY26 Budget by Location Capital Improvement Plan

FY26 Financial Appendices FY26 Staffing FTE Data

265-272 274-277 278-284 286-291

FY26 Health Insurance

Per Pupil Spending Overview

FY26 Utilities Overview

Informational Section

City Of Newton Taxes & Valuation Overview

293-301

City Costs of School Debt

302

Personnel Resource Allocation Detail

303-306 307-311 312-319

Student Enrollment Detail

Student Achievement & Growth

Glossary of Terms & Acronyms

320-331

Office of Superintendent of Schools Dr. Anna P. Nolin

March 2025-May 19, 2025 Dear Newton Community, School Committee, and City Leadership, Newton Public Schools FY26 Superintendent’s Budget Message Dear Newton Community, School Committee, and City Leadership,

It is my privilege to present the Newton Public Schools (NPS) Fiscal Year 2026 Budget, a comprehensive financial plan shaped by our unwavering commitment to the students, families, and staff we serve. The FY26 budget reflects the values of the community, aligns with our strategic priorities, and acknowledges the complex fiscal reality facing school systems across the Commonwealth. In FY26, NPS will serve approximately 11,700 students across 22 schools, including our integrated preschool, elementary, middle, and high schools, as well as alternative programs and out-of-district placements. The City’s final allocation to NPS is $292.96 million, a 3.65% increase over FY25. While this funding represents a meaningful investment, it does not fully meet our assessed needs. Our original proposal—grounded in enrollment trends, staffing needs, contractual obligations, and student supports—identified a $4.55 million gap. Through responsible reductions, strategic efficiencies, and the use of one-time city funding, we submitted a final balanced budget, though not without difficult trade-offs. This year, NPS faces the seventh consecutive year of declining enrollment. Yet while student numbers shrink modestly, student needs—particularly in the areas of mental health, academic recovery, and special education—are growing more complex. The budget reflects this reality by sustaining and expanding high-leverage services, including new special education programs such as REACH and STRIDE, while continuing to support core instruction across all levels. As always, 87% of the NPS budget is composed of salaries and benefits. In FY26, we face a significant increase in employee benefit costs, including an 11.2% hike in health insurance and a 25% increase in workers’ compensation. At the same time, our collective bargaining obligations necessitate salary growth above the City’s 3.65% allocation. This mismatch in cost drivers versus available revenue is part of a broader structural challenge now facing districts across Massachusetts.

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In preparing this budget, we carefully analyzed enrollment trends, staffing needs, and operational efficiencies. We prioritized student-centered investments, including essential special education programming, maintaining critical student support services, and upholding commitments made in prior strategic planning efforts. However, the constraints of this budget necessitate difficult trade-offs. Class sizes will remain in keeping with the level they have been over the past many years–well within the district’s operational size guidance. Class sizes will increase slightly in some elementary schools, but out of our 244 elementary classrooms only four classes will rise to 25 students; reductions in certain areas is unavoidable given the rise in many cost sectors. Moreover, our reliance on the Educational Stabilization Account—a temporary funding source—underscores the need for a long-term sustainable funding strategy. We have also continued our commitment to operational efficiency and fiscal responsibility. Over the last two years, the district has generated nearly $2.2 million in efficiencies and incremental revenue. These include increased fee collection, adjusted transportation policies, expanded tuition-bearing programs, and redeployments of staff and resources. Yet even with these efforts, the FY26 budget relies on non-recurring funds—such as Circuit Breaker carryforward and one- time city contributions in the below listed amounts:

One Time use of Free Cash to lower Health Insurance by $1,300,000

$1,300,000

One Time use of Free Cash to lower departmental expenses

$945,612

One Time use of Free Cash to lower Charter Maintenance expenses

$1,100,000

Additional Carry Forward needed beyond $3 M for CB Carryforward

350,000

Total

$3,695,612

These added amounts of money are needed to preserve essential services. These practices, while necessary for this year, are not sustainable. As noted above, we are also grateful for the Educational Stabilization Fund—$4.25 million of which supports FY26 operations. However, we must be clear-eyed: this fund is a temporary measure and rests on a fund that currently has over $21M for school use only. Once depleted, Newton will again face a substantial structural deficit unless long-term funding solutions are pursued. The total amount of money used to fund Newton Schools outside of the city’s operational allocation is, therefore: $7,945,612–the amount which I recommend be added to the base allocation for Newton Schools operations in order to fund a level-services budget I recommended for FY26.

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Despite these constraints and the concerning mechanism of funding, the budget I recommended is essentially supported with some amendments. Our budget upholds Newton’s core commitments: a high-quality, equitable education for all; a focus on the whole child; investment in instructional leadership; and support for educators through collaborative professional learning. Significant progress continues on major capital projects—Lincoln-Eliot, Countryside, Franklin, and Horace Mann—all of which will improve learning environments and modernize aging facilities. We are also proud of our progress in sustainability, with the expansion of solar energy systems and our first geothermal school buildings. This budget is not just a financial document—it is a statement of our values. It reflects the collective input of school leaders, families, city officials, and the hundreds of community members who engaged in the development of our new strategic plan and “Portrait of a Learner” framework. It reflects a belief that every Newton student—regardless of background or circumstance—deserves access to enriching, rigorous, and supportive learning experiences. Our schools are part of a larger ecosystem that includes public safety, infrastructure, services for seniors, and libraries. We deeply respect these partnerships and know that our financial needs exist within a broader context. Nonetheless, public education is a foundational public good, and its health is directly tied to the well-being and future of our city. We remain committed to honest dialogue, creative problem-solving, and transparency with our community. It is my hope that this budget, though constrained, will serve as a foundation for continued excellence in our schools—and as a call to action for long-term solutions that ensure Newton Public Schools remains a beacon of educational leadership. Help Students Thrive , Sincerely,

Dr. Anna Nolin Superintendent, Newton Public Schools

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EXECUTIVE SUMMARY The executive summary serves as a stand-alone liftable document that presents a comprehensive financial picture of the Newton Public School District in narrative, numeric and graphic form. Information provided here is also included in depth within the appropriate budget sections (Organizational, Financial, and Informational)

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Organizational Overview The city of Newton, located eight miles west of Boston, was settled in 1639 and incorporated in 1873. As of 2025, Newton was home to 88,978 residents across 13 villages. The city remains primarily suburban with strong schools, open spaces, and attractive neighborhoods. Its economy is service-oriented, led by education, health, and professional sectors, supporting over 46,000 jobs. With cultural assets, excellent municipal services, and an Aaa credit rating, Newton is recognized as a highly desirable community to live and work in. The city provides a complete range of municipal services including education, public safety, public works, recreation, library, cultural and health and human services. Newton Public Schools is a department of the City of Newton. Since it is not an independent entity, the district does not have the authority to levy taxes, issue bonds or incur debt. For this reason, the district receives most of its revenue through the City’s general fund.

The Newton Public School District comprises one (1) integrated preschool, fifteen (15) elementary schools, four (4) middle schools, two (2) high schools, two (2) alternative high school programs and students in out-of-district special education schools.

In Newton, students in kindergarten through grade 5 are in elementary schools; grades 6 through 8 are in middle schools; and grades 9 through 12 are in high schools. Resident elementary, middle, and high school students are assigned to their neighborhood schools. As of October 30, 2024, district had a total enrollment of 11603 students which included 11494 students in the regular K-12 program and 109 students in the alternative high school programs. In 2025 – 26, Newton Public Schools is projected to serve about 11,700 students

Map showing Newton Elementary School Districts as well as the city’s location within the state

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Overview of District Strategic Plan and Goals

1. Goal 1: Foster Supportive and Joyful Learning Environments

Desired Outcome: Create a welcoming and inclusive learning environment where all students and staff feel valued, connected, nourished, and prepared to learn.

Key Strategic Objectives: ●

Enhance instructional practice, multi-tiered systems of support (MTSS) and student intervention plans to support student mental health and wellness, the Newton Portrait of a Graduate, and social-emotional learning competencies. ● Address student chronic absenteeism within the district in accordance with soon-to-be released DESE guidance.

● Strengthen student connection to school and district culture.

2. Goal 2: Provide Culturally Responsive, High Quality, Rigorous Instruction for All

Desired Outcome : Ensure all students engage in grade-level work that is culturally relevant, real-world connected, interactive, and guided by high expectations.

Key Strategic Objectives: ●

Using the 5-D expectations for student engagement, reduce gaps in opportunity for all students and accelerate learning for all students by developing vision and shared understanding of high expectations/high support for teacher pedagogy, assessment, curriculum use and data analysis. ● Build the capacity and alignment of instructional leaders to provide effective and aligned instructional leadership, including specific and targeted feedback to support teacher growth. ● Implement educator/employee evaluation training, vision and accountability related to teaching and learning.

3. Goal 3: Ensure Equitable Access to Effective Educators

Desired Outcome: Develop and maintain a diverse, culturally responsive, well-prepared educator workforce committed to continuous improvement.

Key Strategic Objectives: ●

Focus on unified teacher evaluation training, procedures, reports, analysis and documentation PK-22 by all educators, schools, programs, and departments.

● Track and report teacher attendance trends to principals and central staff in anticipation of DESE teacher attendance reporting expectations.

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● Develop coordinated methods for reduction of staff absenteeism at all schools and in all educator units in partnership with the NTA.

4. Goal 4: Optimize District Planning, Technical and Business/Financial Operations

Desired Outcome: Develop strategic, financial, operational, and data models that support the school district within the City of Newton's municipal processes and ecosystem.

Key Strategic Objectives: ● Execute a district Portrait of a Graduate process to guide decision-making and funding use. ● Execute a district strategic planning report to guide district goals and spending for the next five years. ● Evaluate the success of Chartwells (our new food service vendor) and enhance culturally responsive and healthy food service options, sustainability practices, and growth in our participation of meals served.

Follow this Link to detailed district wide goals, objectives & success measures

Budget Timeline This is a summarized Budget Timeline - Detailed Timeline Found in the organizational section

November

HR and BFP complete staffing reconciliation process comparing actual FTEs to budgeted FTEs to determine base budget for next fiscal year.

December

Principals indicate staffing analysis and budget recommendations based on student performance data analysis.

January

Central Staff and Principals meet to discuss & finalize any programmatic improvements, restructuring, and efficiencies.

February - March

Business, Finance & Planning (BFP) works on budget spreadsheet, book sections and appendices

BFP makes final edits and revisions to all components of the Superintendent’s Proposed Budget book. Draft budget presented to School Committee with adjustments made after.

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March - April

FY26 Budget +Presentation to City Council

July

FY26 Budget commences.

For the FY26 school year, the City of Newton proposed budget for NPS is $292,963,623, a $10.3 million (3.65%) increase over FY25’s $282,647,007, with salaries and benefits comprising roughly 87% of total spending. Initially, in March 2025, NPS requested $297,508,631 —$4.55 million more than the City’s allocation — after reviewing enrollment trends, staffing and program needs, and contractual obligations, while aiming to meet students’ academic, social, and emotional ne eds. This proposal maintained mostly level services while addressing underfunded areas such as substitutes and professional development. In April 2025, the School Committee approved a reduced budget of $296,352,258 by removing funding for full-day kindergarten aides and assuming level federal Title Grant funding, yet it still exceeded the City’s allocation by $3.38 million. On May 19, 2025, the final FY26 budget of $292,963,623 —aligned with the City’s allocation— was passed by both the School Committee and City Council. This was achieved through additional one-time city funding from free cash and further NPS budget adjustments and savings. The FY26 budget reflects a restrained and strategic approach to financial management and prioritizing academic excellence, equity, and community engagement. It should be noted that this budget does contain areas of risk, particularly with a dramatically different strategy for Federal funding that has not been confirmed, and which may force significant reprioritization within the State's budget priorities. However, this budget aims to position the district for continued success in providing high-quality education to all students while striving for fiscal responsibility and sustainability. It must be asserted, very clearly, to our community: this budget does not yet achieve the aspired goals of the district or the vision that Dr. Nolin, the leadership team, and the community stakeholders who joined in a myriad of listening and planning sessions has articulated through the District Strategic Plan and Goals including the Portrait of a Leaner and strategic planning groups. The broader fiscal environment presents significant challenges. State funding through Chapter 70 has not kept pace with inflation, circuit breaker reimbursements remain incomplete, and federal pandemic relief funds have expired. Locally, NPS faces five major pressures: reliance on the $22 million Education Stabilization Fund (with $4.25 million allocated for FY26), growing and more complex student needs requiring 15.1 new special education FTEs, salary and benefit costs outpacing the 3.65% budget allocation (with health insurance costs up 11.2%), heavy reliance on one-time funds ($6.83 million in FY26), and continued rising expenses in transportation, tuition, and substitute coverage.

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To improve sustainability, NPS is pursuing efficiencies and new revenue sources, including higher facility rental rates, increased preschool tuition, fee adjustments, operational savings from new special education classrooms, and potential new programs such as expanded tuition- based preschool and school choice enrollment. Despite these efforts, the budget remains constrained, with structural deficits projected once one-time funds are depleted. While it supports core goals — student achievement, equity, and operational stability — it does not yet fully realize the district’s strategic vision as outlined in the Portrait of a Learner and other planning initiatives.

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Financial Overview The FY26 City’s Proposed Budget allocation is $292,963,623 and includes a $10.3 Million increase, or 3.65%, over the FY25 budget of $282,647,007. The grand totals of both the FY25 and FY26 budgets include the Education Stabilization Account shown below. Salaries and benefits make up approximately 87% of this budget. In March 2025, NPS initially presented a budget that was not balanced with the budget allocation provided by the city. NPS requested a budget of $297,508,631, which represented a deficit of $4.55 million from the City's allocation. This proposal was arrived at after carefully reviewing enrollment trends; analyzing staffing and programmatic requests from our school leaders; seeking revenue and efficiencies within our system; and ensuring we were both meeting our contractual obligations as well as the social, emotional, and academic needs of our students. This budget mostly provided level-service, but also added a few previously under- budgeted items, such as fully funding substitute teacher and professional development costs. On April 1, 2025, following deliberations on the superintendent’s recommendations, the school committee approved an FY26 budget of $296,352,258. This budget removed contingencies for full day K aides ($836,373) and assumed level funding of Title Grants ($320,000) but was still at a deficit of $3.38M from the City’s proposed budget allocation. On May 19, 2025, an NPS FY26 budget of $292,963,623 was passed by the school committee and subsequently by the city council later that evening. In addition to this budget, the city provided additional one-time funding using free cash that helped lower the NPS budget. In addition to one-time city funding, NPS also had to make budget adjustments and savings, listed below.

Free Cash (One Time City Funding):

NPS Reductions, Adjustments & Assumptions

Charter Maintenance

$1,293,000

Personnel Reductions

$324,200

Departmental Expenses - Budget

$889,845

Non-Personnel Reductions

$243,689

Free Cash, Reduces NPS Deficit

$2,182,845

FY25 Additional Carryforward

$350,000

Departmental Expenses - Non-Budget $87,767

Pre-School Savings (Delay)

$146,757

Insurance Premiums (+11.2%)

$1,300,000

Reach Program Savings (Delayed) $141,144

Facility Improvements - Non-Budget $1,425,000

Total NPS Budget Adjustments $1,205,790

Total Free Cash Allocation

$4,995,612

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The following table shows the evolution of the budget over this time and how NPS was able to balance its FY26 budget.

Superintendent Proposed Budget, 3/1/25

$297,508,258

Title Grants Removed

-$320,000

K-Aides Removal

-$836,000

School Committee approved, 4/1/25

$296,352,258

NPS Reductions, Adjustments, & Assumptions

-$1,205,790

City One time Funding

-$2,182,845

Total NPS Operating Expense

$292,963,623

Mayoral Operational Appropriation

$288,713,973

Ed Stabilization Fund

$4,249,650

Total Budget Funding

$292,963,623

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Summary of the Newton Budget – General Funds

Newton Public Schools’ General Fund (also known as the “Operating Budget”) is currently comprised of a $292,963,623 in total funding from the City of Newton. $288,713,973 of those funds are provided by the City as part of the regular NPS Operating Budget. The remaining $4,249,650 of the NPS Operating Budget comes from the Education Stabilization Account. The Education Stabilization Account , which is also described elsewhere in this book, began in FY25. In the Fall of 2024, the Mayor added an additional $2 million dollars from free cash into the Education Stabilization, which has a current balance of approximately $20.9 Million dollars at the time of this writing. These funds will be slowly spent down through FY30.

Multi Year Operating Budget Summary FY24 ACTUAL

FY25 BUDGET

FY27 FORECAST

FY28 FORECAST

FY29 FORECAST

FY30 FORECAST

FY26 BUDGET

Base Budget + Educational Stabilization Account

$268,655,413 $282,647,007

$292,963,623

$304,318,962

$315,277,626

$326,821,575

$331,305,925

5.21%

3.65%

3.88%

3.60%

3.66%

1.37%

What NPS NEEDS: Net Salaries

$191,830,340 $204,196,210 $40,311,944 $42,888,627

$211,510,645 $46,316,424

$222,143,262 $52,683,369

$232,136,368 $56,222,748

$241,134,223 $59,980,727

$250,608,159 $64,124,164

Benefits

Non-Personnel Expenses

$35,233,957 $35,562,170 $267,376,241 $282,647,007

$35,136,555 $292,963,624

$39,481,431 $314,308,062

$42,577,231 $330,936,346

$46,024,497 $347,139,446

$47,837,258 $362,569,581

Total Needs

Savings

-$597,257

-$618,161

-$639,797

-$662,190

Total Needs After Savings

$267,376,241 $282,647,007

$292,963,623

$313,710,805

$330,318,185

$346,499,650

$361,907,392

Remaining Funding Gap

$1,279,172

-$9,391,843

-$15,040,559

-$19,678,075

-$30,601,467

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MULTI-YEAR OPERATING BUDGET OVERVIEW

FY24 BUDGET

FY25 BUDGET

FY26 BUDGET

FY27 FORECAST

FY28 FORECAST

FY29 FORECAST

FY30 FORECAST

Base Budget + Educational Stabilization Account

$268,655,413 $282,647,007 $292,963,623 $304,318,962 $315,277,626 $326,821,575 $331,305,925

OBJECT CODE

FY24 ACTUAL

FY25 BUDGET

FY26 BUDGET

FY27 FORECAST

FY28 FORECAST

FY29 FORECAST

FY30 FORECAST

OBJECT DESCRIPTION

GROSS EXPENDITURES Salaries & Other Compensation

51 $198,101,402 $211,622,962 $219,316,196 $229,450,663 $239,503,279 $248,701,158 $258,232,633

Equipment & Building Maintenance Contracted Services

$4,786,901

$4,925,791

$4,719,437

$4,882,258

$5,050,695

$5,224,944

$5,405,205

53 $27,113,215 $29,082,826 $30,560,427 $32,461,918 $34,892,970 $37,623,376 $39,323,339

54, 55, 57

Supplies & Materials, Other

$7,771,971

$8,930,455

$8,427,597

$8,639,864

$8,857,557

$9,080,815

$9,309,784

Benefits

57 $40,311,944 $42,888,627 $47,616,424 $52,683,369 $56,222,748 $59,980,727 $64,124,164

Equipment

$1,875,305

$2,148,357

$2,551,929

$2,602,968

$2,655,027

$2,708,127

$2,762,290

Transfers to Subsidize Programs

$1,340,000

$1,500,000

$1,600,000

$1,730,000

$1,870,000

$2,020,000

$2,180,000

GRAND TOTAL GROSS EXPENSES

$281,300,738 $301,099,018 $314,792,010 $332,451,040 $349,052,275 $365,339,148 $381,337,415

REVOLVING & GRANTS OFFSETS Salaries & Other Compensation

-$6,271,062

-$7,426,752

-$7,805,551

-$7,904,658

-$7,985,072

-$8,206,732

-$8,286,664

Equipment & Building Maintenance Contracted Services

-$1,293,000

53 -$7,653,435 -$11,025,259 -$10,539,990 -$10,835,576 -$10,749,018 -$10,632,766 -$11,143,360

54, 55, 57

Supplies & Materials, Other

-$889,845

Benefits

-$1,300,000

Equipment

Transfers to Subsidize Programs

GRAND TOTAL OFFSETS

-$13,924,497 -$18,452,011 -$21,828,386 -$18,740,235 -$18,734,090 -$18,839,498 -$19,430,024

GRAND TOTAL NET EXPENSES

$267,376,241 $282,647,007 $292,963,624 $313,710,805 $330,318,185 $346,499,650 $361,907,392

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CITY OF NEWTON SOURCES OF FUNDING FOR NPS (FY26 PROJECTED)

Fund Balance to Support Budget, $79.9K , 0%

Property Taxes, $454.4M , 83%

Fines & Forfeitures, $1.1M , 0%

Charges for Service, $3.4M , 1%

Miscellaneous Revenue, $6.6M , 1%

Transfers from Other Funds, $10.0M , 2%

Licenses & Permits, $11.1M , 2%

Other Taxes, $22.7M , 4%

State & Federal Aid, $38.3M , 7%

* This chart assumes the school budget is financed in the same form as the total revenues of the City. The source of the data is as follows: City of Newton,-FY26 Budget: Sources & Uses Exhibit now combines State & Federal funding combines as reported in the above mentioned Financial Report

FY22

FY23

FY24

FY25

FY26P

Property Taxes (Net of Provision for Abatements)

$400,635,026 $406,705,369 $424,258,170 $435,271,265 $454,410,542 $13,664,236 $13,818,473 $15,447,887 $13,750,000 $15,900,000 $6,475,203 $1,383,623 $1,684,131 $889,934 $1,189,934 $2,333,423 $242,126 $122,000 $200,000 $122,000 $1,982,019 $2,387,099 $2,635,047 $2,500,000 $2,600,000 $1,164,749 $1,979,180 $2,269,405 $2,200,000 $2,250,000 $524,737 $648,681 $654,779 $600,000 $610,000 $426,779,393 $427,164,551 $447,071,419 $455,411,199 $477,082,476 $3,810,114 $4,470,229 $4,337,048 $3,330,296 $3,379,746 $704,970 $1,193,338 $1,213,236 $1,042,000 $1,142,000 $12,973,622 $13,410,380 $13,436,436 $10,380,925 $11,101,925 $949,902 $10,102,329 $14,594,963 $6,721,341 $6,560,342 $36,211,914 $35,669,832 $36,157,696 $37,115,612 $38,266,434 $54,650,522 $64,846,108 $69,739,379 $58,590,174 $60,450,447

Motor Vehicle Excise Taxes Interest & Penalties on Taxes

In Lieu of Tax Payments

Meals Tax

Hotel/Motel Taxes Cannabis State Tax

Total Taxes

Other Sources Charges for Service Fines & Forfeitures Licenses & Permits

Miscellaneous Revenue

State & Federal Aid

Total Revenue from Other Sources

Total Revenue

$481,429,915 $492,010,659 $516,810,798 $514,001,373 $537,532,923

Transfers from Other Funds Fund Balance to Support Budget

$12,036,967 $8,755,705 $9,508,765 $10,608,903 $10,016,295

$13,020,431 $23,576,522 $48,523,633 $12,303,706

$79,888

Total General Fund Revenues, Transfers, And Other Financing Sources:

$506,487,313 $524,342,886 $574,843,196 $536,913,982 $547,629,106

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Newton Public Schools Revenue Funds Summary FY22, FY23, FY24 and FY25

DIFFERENCE FY25- FY24

Fund

FY22 Actual FY23 Actual FY24 Actual FY25 Budget

City Appropriation (Annual Operating Budge $262,070,208 $271,842,665 $268,655,413 $278,547,007

$9,891,594 $626,108 -$1,403,754 $773,087 -$200,305 -$21,287 -$21,004 -$80,000 -$129,820 $34,130 $101,464 $137,940 -$111,403 -$56,217 $25,451 $34,357 $0 $0

Expenditures by City* Federal Grants Circuit Breaker

35,052,411 36,717,855 36,974,266 37,600,374 9,252,270 4,734,431 6,116,494 4,712,740 6,114,167 6,562,409 6,657,911 7,430,998 3,616,143 3,630,174 3,737,268 3,536,963

State Grants Trust Grants Private Grants

84,037 28,004 260,000

62,750 7,000 180,000

26,555 175,000

24,596 250,000

Newton Schools Foundation E-Rate Reimbursement Revolving Funds Revenue:

Athletics (High School and Middle School)

1,007,210 1,103,290 1,324,557 1,194,737

School Lunch Space Camp Bus Fees

106,453 385,718 738,337 403,093 695,447

347,563 426,509 726,064 490,510 691,513

463,870 333,575 611,723 870,705

498,000 435,039 500,320 814,488

965,579 1,103,519

Fee-based Programs (Extracurricular) Instructional Programs/Student Tuition Pre-School Student Tuition Newton Community Education

1,154,358 1,232,802 1,272,544 1,297,995 1,813,033 1,818,615 1,717,840 1,752,197 795,292 1,104,499 1,282,648 1,300,000 7,098,941 7,941,364 8,843,041 8,896,295

Use of School Buildings

$17,352 $53,254

Subtotal Revolving Funds

Total

$323,405,695 $331,703,494 $331,272,397 $340,911,377

$9,638,980

* Includes retirement benefits, health insurance for non-MA Teachers Retirement System employees, long-term debt retirement, long term debt service/school construction, student support services (nursing, crossing guards) and general administrative services.

FY24 Revenue

City Appropriation 81%

Expenditures by City 11%

Newton Schools Foundation 0.08%

Circuit Breaker 2%

State Grants 1%

Revolving Accounts 3%

Private Funds 0.01%

Federal Grants 2%

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Informational Overview

Property Valuations and tax rate The city of Newton relies heavily on local revenue sources to fund the public schools. In 1980, Proposition 2½ was passed by the voters of the Commonwealth of Massachusetts which restricts how much a city/town can raise property taxes. The law requires that the annual increase of the tax levy for the City of Newton must not exceed 2 1⁄2 percent of the prior year’s tax levy, in addition to the total amount attributable to taxes raised from new real property growth and redevelopment.

The table below summarizes Newton’s property valuations & tax rate.

City of Newton: Property Valuations & Tax Rates