Wellesley Public Schools: Fiscal Year 2026 Budget
Cash Capital
Each year the School District submits a “cash capital” budget request to the Town. This request consists of two components – Furniture, Fixtures and Equipment (FF&E) and Information Technology. The budget requests are vetted through the School Committee to determine the priorities for funding within the Town’s fiscal parameters. The cash capital budget does not incorporate the major investments in facility renovations or construction that are typically reserved for a debt exclusion method of funding. The cash capital requests for the facility work in the schools is presented separately by the Facilities Management Department (FMD). The Facilities Director meets with each school principal to develop the needs and then formulates a plan, which is then reviewed with the Superintendent and Assistant Superintendent for Finance and Operations. On an annual basis, the district creates a plan to address current needs for inclusion in the cash capital budget. With the technology needs that were brought forward this year, and limited cash capital funds, we have moved the requested FF&E items to the Building Rental Revolving fund or to future years. Items moved into the future years are detailed in this section and planned for inclusion in the fiscal year 2026 budget and beyond. The district maintains a five-year outlook that is updated annually.
As the table below reflects, the school cash capital amount has varied annually based on building-based needs.
The other equipment category (object code 583090) of non-furniture costs include, but not limited to, nursing office needs (automated external defibrillator or AED units, vision screening devices, refrigerators, etc.); audio- visual needs (sound systems for general use spaces); performing arts (musical instruments, lights, risers); physical education and athletics (basketball hoops, golf carts, vehicles); environmentally-friendly enhancements (water bottle filling stations); and fitness center equipment replacement needs. The furniture and furniture replacement (object codes 583010 and 583110) categories contains rugs; classroom, office, and cafeteria furniture; and replacement shades for classroom windows.
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