Wellesley Public Schools: Fiscal Year 2026 Budget
receipts at the close of fiscal year 2024; and student needs, both in terms of general and special education. As part of this process, the district updated the budget across types of expenses (Salary and Other Compensation and Expenses) and across the four categories (Instruction, Administration, Operations, and Student Services). The FY’25 Adjusted Budget is the basis for building the FY’26 Budget. Significant Changes to the FY’25 Adjusted Budget A shared understanding of the budget architecture categories is an important beginning to the budget process. The FY’26 Budget was guided by these definitions: Level Service : a budget that supports providing the same standard of service as in the prior fiscal year. Under this definition, line items would increase or decrease depending on changes in need, such as enrollment increases or decreases or contract changes. Strategic Priorities: a budget that supports one of the four strategies of the district’s strategic priorities: 1.) Ensuring High Expectations Teaching and Learning for All Students 2.) Supporting and Strengthening our Workforce / High Quality Professional Learning 3.) Building Community Partnerships and Enhancing Engagement 4.) Improving Facilities and Optimizing Resources Other Critical Needs: a budget that supports additional changes not reflected in Level Service or Strategic Priorities that are critical to the district’s operation. Fiscal Year 2026 Budget Recap: The FY’26 Budget is $94,266,709 is a 3.50% increase over FY’25 and $224,566 above the budget guideline of 3.25%. Below is a summary of the FY’26 Budget by functional category:
Salary and Other Comp.
FY’26 Budget
Variance FY’26-FY’25
% of Budget
Category
Expenses
320 Instruction 330 Administration 340 Operations 360 Student Services
$57,051,128 $1,453,975 $1,936,228 $21,637,282
$3,218,399 $60,269,527
$1,640,983 63.94% $13,342 1.71% $74,595 4.72% $1,455,809 29.64% $3,184,730 100.00%
$154,875 $2,514,399
$1,608,850 $4,450,627
$6,300,423 $27,937,705
FY’26 Budget
$82,078,613 $12,188,096 $94,266,709
Below is a summary of the FY’26 Budget by service level:
Salary and Other Comp.
FY’26 Budget
% Incr.
Cum. % Incr.
Category
Expenses
Adjusted Budget
$79,638,576 $11,443,403 $91,081,979
Level Service
$2,268,378 $120,567
$737,993
$3,006,372 $120,567
3.30% 3.30% 0.13% 3.43% 0.07% 3.50%
Strategic Priorities Other Critical Needs
$0
$51,092
$6,700
$57,792
FY’26 Budget
$82,078,613 $12,188,096 $94,266,709
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