Wellesley Public Schools: Fiscal Year 2026 Budget
In most years, state grants are more vulnerable to reductions as they are reliant on the availability of state revenue and legislative action on an annual basis. Other Funding Sources: In addition to the funding sources from federal and state revenues and local receipts that support the School District’s budget, Wellesley Public Schools is very fortunate to be the beneficiary of the extraordinary generosity of community members through the Wellesley Education Foundation (WEF), the Parent-Teacher Organizations (PTO) for each school, and several local organizations that support the schools. The following information highlights the degree to which private funds supplement the education of students in Wellesley and, as fiscal constraints affect the ability of the schools to manage within more limited resources, all these gifts and donations provide critical support for the programs and initiatives of the district. Wellesley Education Foundation (WEF) Grants The Wellesley Education Foundation funds grants through two cycles each year - Spring and Fall. In FY’24 WEF approved more than $272K in grants submitted by staff in the district. Parent-Teacher Organization (PTO) Donations In addition to the WEF grants, the PTOs and other local organizations, businesses and private citizens generously donate funds to support the schools. In FY’24, the PTOs donated over $382K to support the Wellesley Public Schools. Field trips and other enrichment opportunities might not otherwise be available to students without this support. Wellesley Public Schools is grateful for this incredible financial support, as well as the countless hours of volunteer time and effort that the community contributes to ensure a high-quality educational experience for its students. The following pages provide grant level data including purpose of grant; historical award information; use of funds in Wellesley; and funding source details. Following the narrative pages, we have included detailed budget information.
Page 224 of 410
Made with FlippingBook Digital Proposal Creator