Acton-Boxborough Regional School District Foundation Budget/Chapter 70 Comparative Analysis
FY24
FY25
FY26
Calculating the Foundation Budget - Foundation Enrollment, DESE basis (FTE) Composite Foundation Budget per pupil
5020
4960
$
13,228
$
12,830
65,611,193
Foundation Budget (FTE times rate)
$ 64,406,284 $
The FY26 Foundation Budget and Chapter 70 estimates are
Calculating the Required Local Contributions -
ACTON
Municipal Revenue Growth Factor (DOR) Required Local Contribution (A-B portion) BOXBOROUGH Municipal Revenue Growth Factor (DOR) Required Local Contribution (A-B portion)
43,461,158 not yet available
41,971,918
8,852,771
8,427,275
Total Required Local Contribution (A-B)
50,399,193
52,313,929
Calculating Chapter 70 Aid -
PRIMARY CALCULATION Foundation Aid (FB minus RLC) HOLD HARMLESS CALCULATION Prior Year Chapter 70 Aid Minimum Aid ($30/ $ 1 0 4 per pupil) Total Chapter 70 Aid "Hold Harmless Aid" (C70 minus FA)
14,007,091
13,297,264
15,942,931
15,641,731
301,200
515,840
15,942,931 1,935,840
16,458,771 3,161,507
Notes - "Hold Harmless Aid" is the cumulative difference between: Actual Chapter 70 Aid (prior year Chapter 70 PLUS Minimum Aid) and Foundation Aid (the primary objective of Chapter 70) Its intent is that districts will never get less than the prior year's Chapter 70 allotment.
69
Made with FlippingBook Digital Publishing Software