FY'26 Budget Document (December 10, 2024)

Wellesley Public Schools: Fiscal Year 2026 Budget

GUIDANCE REVOLVING FUND (Fund 0028) Director/Program Coordinator:

Guidance Department Head and Director of Accounting and Business Services The Guidance Revolving (formerly Transcript Revolving) account is used to collect exam fees for Scholastic Aptitude Test (SAT) and other voluntary exams offered through College Board. Exam fees are then paid to the appropriate exam vendor from this account, as are the salaries paid for proctors.

Program Description:

Fee Structure:

Varies

Fund Restrictions:

Funds can be used to compensate employees who proctor exams or to pay for staff, contracted services, equipment, and materials to operate the program.

Fund Balance Evaluation Rating:

D. Fund Balance Outside Guidelines

Guidance

FY’22 Actual

FY’23 Actual

FY’24 Actual

FY’25 Proj.

FY’25 Proj.

Beg. Balance

$20,201

$18,485

$13,845

$18,341

$19,341

Revenue

Participation Fees

$99,957

$106,428

$111,603

$113,500

$115,000

Other Revenue

$0

$0

$0

$0

$0

Expenditures

Proctors

$11,756 $89,917 $18,485

$12,601 $98,466 $13,845

$16,562 $90,545 $18,341

$17,500 $95,000 $19,341

$18,500 $97,500 $18,341

Other Expenses Ending Balance

Munis Fund Code:

0028

Munis Organization Code:

2803-1360: Revenue 2835-3160: Expense

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