FY2026 Superintendents Preliminary Budget Final-1

Acton-Boxborough Regional School District Significant FY2026 Changes from Prior Year Budget

FY26 Budget

FY26 Item Change - $

FY26 Item

Overall Budget

Budget Item

Amount

Change - % Impact - %

Revenues: Prelininary Chapter 70 Aid (statutory increase in Minimum Aid) Estimated Regional Transportation Aid (anticipated 80% reimb. rate)

$16,611,741 $2,231,200

$152,971

9.29%

0.13% 0.00% 0.00%

$300,000 $200,000

Earnings on Investments (increased rates of return) Medicaid Reimbursement (residual Covid adjustment)

($15,000)

-6.98% -0.01%

Reserves: Capital Stabilization Fund

$0 $0

($12,160)

-100.0% -0.01% -100.0% -1.46%

($1,699,000)

E&D Reserve ($2.11 M certified balance as of July 1, 2024)

FYI - Change ($) FY25 > 26 $1,477,933 $126,974 $137,699 $145,524 $298,336 $479,443 ($1,346,445)

Expenditures:

FY25 Budgeted

$71,802,728 $12,702,476 $3,641,290 $715,987 $4,813,467 $1,117,318 $6,902,976 $1,133,402

$73,280,661 $12,829,450 $3,778,989 $861,511 $5,111,803 $1,596,761 $5,556,531 $1,162,295

2.06% 1.00% 3.78%

1.27% 0.11% 0.12%

Personnel

Health Insurance Premiums

MCRS Assessment

20.32% 0.13%

OPEB Trust Contribution

6.20%

0.26%

Out-of-District Tuition, net of CB

42.91% 0.41% -19.51% -1.16%

Special Ed Transportation

Capital (Outlays and Debt Service) State Assessments (Choice, Charter)

$28,893

2.55%

0.02%

FY24 > 25

FY25 > 26 -18.64 FTE

Personnel (FTE):

-25.4%

Net Change, all recommended FTE position changes (see separate staffing report and presentation)

59

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