Significant Finance Changes Non-personnel Budget Changes
JHS/SHS Debt paid off in FY25; reduced District budget by $1.6M (also reduces town revenues by proportionate amount) Retirement of Excluded Debt (-$1.6M) Budget 12% increase per MIIA ($1.1M) Reduced runout claims budget by $450K Saved $613K by implementing "Opt-Out" Health Insurance (+1%)
Attrition (-$448K)
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Reduced $448K from personnel budget resignations, retirements, & LOA
Continued reduction of Vacancy Factor - increased budget by $75K Vacancy Factor (+$75K)
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Acton-Boxborough Regional School District
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