Wellesley Public Schools: Fiscal Year 2026 Budget
ATHLETIC REVOLVING FUND (Fund 0028) Director/Program Coordinator:
Athletic Director
Program Description:
The Athletic Department has a broad range of opportunities for students to participate in competitive sports. The Department is funded from multiple sources: the operating budget for the district, fees charged to students for participation, and donations from various team/parent supporting groups. A combination of all these funds is used to pay for coaches, officials, transportation, equipment, supplies, and the use of specialized facilities (ice rink, pool, ski slopes).
Fee Structure:
$200 per Middle School sport $300 per High School sport Family maximum $1,800
Fund Restrictions:
Funds can be used to compensate employees or pay for contracted services, equipment, and materials to operate the program. B. Fund Balance Over Target: Multi-Year Use May be Determined (Middle and High Schools)
Fund Balance Evaluation Rating:
Middle School
FY’22 Actual FY’23 Actual FY’24 Actual
FY’25 Proj.
FY’26 Proj.
Beg. Balance
$6,472
$36,097
$51,504
$54,904
$58,654
Revenue
Participation Fees
$103,200
$103,300
$83,400
$83,750
$84,450
Expenditure
Budget Offset Direct Expenses Ending Balance
$73,381
$87,500
$80,000
$80,000
$90,000
$194
$393
$0
$
$
$36,097
$51,504
$54,904
$58,654
$53,104
High School
FY’22 Actual FY’23 Actual FY’24 Actual
FY’25 Proj.
FY’26 Proj.
Beg. Balance
$43,207
$108,381
$64,791
$44,743
$24,095
Revenue
Gate Receipts Participation Fees Other Revenue
$99,307 $452,181
$64,222 $451,550
$107,963 $415,875
$75,000 $435,000
$84,200 $440,402
$0
$0
$0
$0
$0
Expenditure
Budget Offset
$457,300 $5,648 $23,366 $108,381
$555,648
$525,000 $5,648 $13,238 $44,743
$525,000
$525,000
Nurse Budget Offset Direct Expenses Ending Balance
$0
$5,648
$5,648
$3,714 $64,791
$0
$0
$24,095 $18,049 The revolving fund covers the expenses of the program except for the coaches, which are funded in the operating budget. The revolving account can cover additional costs if they are incurred in any given year. Munis Fund Code: 0028 Munis Organization Code: 2803-2370: Middle School – Revenue and 2832-2370: Middle School - Expense 2803-3370: High School – Revenue and 2832-3370: High School – Expense
Page 263 of 410
Made with FlippingBook Digital Proposal Creator