Wellesley Public Schools: Fiscal Year 2026 Budget
The table below provides historical, current, and projected expenditures by object for the General Fund only.
The second table provides historical and current expenditure by object and indicates the variance between fiscal years 2025 and 2026 for the General Fund only.
The state’s Operational Services Division notified local education authorities that the approved out-of-district schools would receive a rate increase of 3.67%, which is lower than the 14.00% increase two years ago but still double the historical rates (FY’11 – FY’23 averaged 1.83%) The district must pay the state approved rates for our students placed in one of these schools as determined by the team and a student’s Individual Education Program (IEP). Town Costs for School Debt Wellesley Public Schools is a department of the Town of Wellesley. As such, the district does not have the authority to tax residents or issue debt. The district collaborates with various town departments to advocate and prioritize capital related projects. Debt management falls to the Select Board who administers the Town of Wellesley’s debt policy (Approved 2/12/18). The school administration works collaboratively with the Town to prioritize needs and fund projects that benefit all Town Departments. As part of this process, the Town Finance Director recommends the source of funds to cover the
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