Wellesley Public Schools: Fiscal Year 2026 Budget
Category
Projection Highlights
General Fund Revenue State revenue level increase by additional student increment of $25/per student per year, local revenue 2.50% annual increase, continued fee reductions Expense Enrollment projections, known and anticipated salary, and contractual increases Grant Funds Revenue No year-end carry-forward projected Expense Continued funding of current grants, known and anticipated salary and contractual increases, reductions to federal funding levels of 5% annually Revolving Funds Revenue Reductions due to use of one-time fund balances, transportation fees phased out (FY’27- FY’29) Expense Estimates based on each program NSLP Revenue Continued state funding of universal free meals for all students Expense Continued use of non-GMO and organic products, new 5-year contract (FY’26 – FY’31) Cash Capital Revenue Revenue consistent with expected need Expense Projection based on current replacement schedule Town of Wellesley
Revenue Revenue consistent with expected need Expense Projection based on current schedule
The projection assumptions for each fund are described in more detail in the Financial Section.
General Fund Summary: The General Fund is the primary driver of our budget. Therefore, the table below provides a historical, current, and projected budget overview.
The surplus funds in FY’22-FY’24 was primarily driven by increased state and federal funds associated with COVID mitigation and staffing challenges. The Select Board guideline is 3.25% for fiscal year 2026. To be responsive to the School Committee’s budget guidelines, the district has included strategic priorities and other critical needs for consideration. Below is a summary of the FY’26 budget requests by level.
Amount Above Guideline (Cumulative)
Budget Architecture
$ Amount
% Amount
Level Service
$3,006,372 $120,567
3.30% 0.13% 0.07% 3.50%
$46,208 $166,775 $224,566 $224,566
Strategic Priorities Other Critical Needs
$57,792
FY’26 Budget
$3,184,730
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