Wellesley Public Schools: Fiscal Year 2026 Budget
forward-funded, grantees can have up to 27 months to obligate appropriated funds beginning as early as July 1 of the Federal fiscal year. (US DOE)
Unfunded Mandate A requirement imposed by law, regulation, or order without underlying financial support, thereby resulting in direct or indirect costs to the body made responsible for its implementation.
Uniform Procurement Act
MGL c. 30B establishes uniform procedures for local government to use when contracting for supplies, equipment, services, and real estate.
Warrant An authorization for an action. For example, a town meeting warrant establishes the matters that may be acted on by that town meeting. A treasury warrant authorizes the treasurer to pay specific bills. The assessors’ warrant authorizes the tax collector to collect taxes in the amount and from the persons listed, respectively. Zero Based Budget A budget building technique where each department begins at zero and adds the cost of essential programs up to an established funding limit. Each year the process begins again at zero, prompting scrutiny and prioritization of costs annually. Education Acronyms Education has several commonly used acronyms on the federal, state, and local level. Although not an exhaustive list, below are the most used and those found throughout the budget document. 9C Refers to Section 9C of Chapter 29 of the Massachusetts General Laws which requires that when projected revenue is less than projected spending, the Governor must act to ensure that the budget is brought into balance. 30B Refers to Chapter 30B of the Massachusetts General Laws which govern competitive quotes and bidding for goods and services 403B Like a 401k in the private sector, a regulation allowing pre-tax deductions of savings by a school employee for use in retirement 457 Like a 403B, a regulation allowing pre-tax deductions of savings by a municipal employee for use in retirement 504 Section 504 of the Rehabilitation Act of 1972 is a statute that prohibits discrimination against individuals with disabilities. ACP Advanced College Placement ACT American College Test ACTFL American Council on the Teaching of Foreign Languages ADA American with Disabilities Act Advisory Advisory Committee AESOP Automated Substitute Placement & Absence Management ALICE Alert, Lockdown, Inform, Counter, Evacuate AP Advanced Placement, a curriculum sponsored by College Board APE Adaptive Physical Education ARRA American Recovery and Reinvestment Act of 2009 ARC Academic Resource Center ARP American Rescue Plan of 2021 (COVID Related)
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