Acton Leadership Group (ALG) Plan Multi-Year Financial Planning Model
12/18/2024 DRAFT FOR REVIEW 12/18/2024
FY2025 Recap
FY2026 Plan
FY2027 Forecast
FY2028 Forecast
FY2024 Recap
FY2029 Forecast
Revenues Tax Levy
$ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $
96,867,539 2,421,688 1,188,035 100,477,262
$ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $
100,471,548
$ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $
110,646,568
$ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $
114,351,546
$ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $
118,121,040 $
121,984,771
Prior Year Levy Limit Prop 2 1/2 Increase*
9,111,789 1,063,231
2,766,164 938,814
2,858,789 910,705
2,953,026 910,705
$ $
3,049,619 910,705
New Growth
110,646,568
114,351,546
118,121,040
121,984,771 $
125,945,095
Current Year Levy Limit
-
- -
- -
- -
- -
$ $ $ $ $ $ $ $ $ $ $ $ $ $
- -
Excluded Debt (Town)
Parker Damon (voted 12/8/1998)
177,650 458,225
PSF (voted 11/5/2002) NAFS (voted 12/17/2019)
456,975
455,225
457,975 2,494,431
454,975 2,494,431
456,475 2,494,431
DPW Facility (proposed April 2025)
-
-
-
-
-
-
SBAB Reimbursement
2,952,406
2,949,406
2,950,906
455,225
635,875
456,975
Total Town Excluded Debt
-
-
-
1,433,198 2,861,309 165,671 4,460,178 5,120,001 5,576,976 (1,265,212) (884,036) 659,823 114,074,296
-
1,496,769 2,879,571
Excluded Debt (Schools)
Jr/Sr High School (2005)
2,844,300 178,012 3,022,312
2,880,136
2,878,047
2,878,047
Boardwalk School (12/17/2019) Boardwalk BAN (7/24/2023) ABRSD Projects Excluded Debt Minuteman HS Project Excluded Debt
2,880,136
2,878,047
2,878,047
4,376,340
671,959
671,959
671,959
651,582
591,181
3,552,095 6,504,501 (1,200,000) (800,000) 122,625,541
3,550,006 6,499,412 (1,200,000) (800,000)
3,550,006 6,500,912 (1,200,000) (800,000)
3,673,894 4,129,119
4,967,521 5,603,396
Total Schools Excluded Debt
Total Excluded Debt:
(5,578)
(1,340,000) (850,000) 116,290,665
(Untaxed Levy Capacity)
(849,446)
(Overlay)
105,225,634
126,484,183 $ 130,446,007
Net Levy: % Change:
2.88%
8.41%
1.94%
5.45%
3.15%
3.13%
$ $ $
1,553,179 5,663,994 1,050,000
$ $ $
1,595,073 6,185,872 1,664,138
$ $ $
1,595,073 6,500,000 1,692,000
$ $ $
1,595,073 6,500,000 1,250,000
$ $ $
1,595,073 6,500,000 1,250,000
$ $ $
1,595,073 6,500,000 1,250,000
Net State Aid Local Receipts Use of Free Cash
$
113,492,807
$
123,519,379
$
126,077,738
$
131,970,614
$
135,829,256 $ 139,791,080
Total Revenues:
2.66%
8.83%
2.07%
4.67%
2.92%
2.92%
% change in Total Revenues:
Expenditures
$ $ $ $ $ $
36,746,272
$ $ $ $ $ $ $
38,611,688
$ $ $ $ $ $ $
40,485,239
$ $ $ $ $ $ $
42,003,435 2,952,406 44,955,841 (350,000) 574,277 1,250,000 46,430,118
$ $ $ $ $ $ $
43,578,564 2,952,406 46,530,970 (350,000) 592,940 1,250,000 48,023,911
$ $ $ $ $ $ $
45,212,760 2,950,906 48,163,666 (350,000) 612,211 1,250,000 49,675,878
Operating Budget Debt Exclusion: Town
635,875
456,975
455,225
37,382,147
39,068,663 (350,000) 540,000 1,589,138 40,847,801
40,940,464 (350,000) 556,200 1,601,462 42,748,126
Total Municipal Operations (Article 4) Offsets for Operations in Article 4
477,928 678,176
Enterprise Subsidies
New Capital Total Town:
38,538,251
3.28% 1.36%
4.12% 5.99%
4.90% 4.65%
3.78% 8.61%
3.78% 3.43%
3.78% 3.44%
% Change (Operations +Offsets w/out Excluded Debt)
% Change (Total Spending)
School Assessments
ABRSD Operating
$ $ $
67,293,418 4,376,340 71,669,758
$ $ $
74,610,496 4,460,179 79,070,675
$ $ $
76,813,124 3,022,312 79,835,436
$ $ $
79,949,129 2,880,136 82,829,265
$ $ $
83,057,316 2,878,047 85,935,362
$ $ $
86,279,892 2,878,047 89,157,938
Debt Exclusion: ABRSD
Total ABRSD Assessment (Article 7)
10.87% 10.33%
2.95% 0.97%
4.08% 3.75%
3.89% 3.75%
3.88% 3.75%
% Change (Assessment w/out Excluded Debt)
2.84%
% Change (Total Assessment):
Minuteman Operating
$ $ $
2,693,618 591,180 3,284,798
$ $ $
2,941,080 659,823 3,600,903
$ $ $
3,034,963 651,582 3,686,545
$ $ $
3,126,012 671,959 3,797,971
$ $ $
3,219,792 671,959 3,891,752
$ $ $
3,316,386 671,959 3,988,345
Debt Exclusion: Minuteman
Total Minuteman Assessment (Article 8) % Change (Spending w/out Excluded Debt)
9.19% 9.62%
3.19% 2.38%
3.00% 3.02%
3.00% 2.47%
3.00% 2.48%
15.61%
% Change (Total Assessment):
$
126,270,107
$
133,057,354
$
137,851,025 $ 142,822,161
$
113,492,807
$
123,519,379
Total Spending:
2.66%
8.83%
2.23%
5.38%
3.60%
3.61%
% change in Total Spending:
$
0
$
(0)
$
(192,369)
$
(1,086,740)
$
(2,021,769)
$
(3,031,081)
Net Position:
FY2024
FY2025
FY2026
FY2027
FY2028
FY2029
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