Wellesley Public Schools: Fiscal Year 2026 Budget
an estimate of the average cost of health benefits for all new employees being proposed as part of the departmental budget. For planning purposes, the Town has provided the district with the following guidelines for health benefit costs: o Instructional Support Professionals (ISP): Add $7,500 per 0.50 FTE or greater change. o All other staff: Add $20,000 per 0.50 FTE or greater change. Below is an example of the analysis and calculations completed each year: Town Issued Budget Guideline (All In) $2,960,164 or 3.25% New positions included in the budget: Budgeted New Position FTE Impact Health Benefit Impact Position Unit Additional Elem. Section +1.00 FTE $20,000 Unit A Position Additional Class Section +0.20 FTE $0 Unit A Position New Teaching Assistant +1.00 FTE $7,500 Unit C Position Total Budgeted New Hires +3.20 FTE $27,500 Town Issued Guideline (After New Hires) Town Issued Budget Guidelines (All In) $2,960,164 or 3.25% Less Budgeted New Hire Health Benefits ($27,500) Guideline Balance for New Operational Costs $2,960,164 - $27,500 = $2,932,664 or 3.22% As this example demonstrates, a departmental budget guideline of 3.25% must be shared between increases in departmental operating costs and employee benefit costs when a department hires new staff. With an overall reduction in staff, the Select Board guideline of 3.25% is not impacted by health benefits. Full-Time Equivalency (FTE) and Headcount Wellesley Public Schools provides information on both the full-time equivalency and headcount impacts. Full-time equivalency is the percent of the whole that an individual works. For instance, a position standard for many non-professional staff is based on 1,820 annual hours (260 days x 7 hours). An employee who works 910 annual hours in this type of position standard would be reported as a 0.50 FTE. The headcount is the distinct count of employees. For example, two employees who work 1,820 hours and 910 hours respectively would be represented as 1.00 FTE/1 headcount and 0.50 FTE/1 headcount. A full review of the FY’26 Budget breakout is included in this section. Below is a summary of the proposed changes in the General Fund: FY’25 Baseline 805.57 FTE 873.00 Headcount PAWS 47.74 54.00 Bates 39.78 45.00 Fiske 43.33 48.00 Hardy 61.41 67.00 Hunnewell 54.83 55.00 Sprague 53.98 55.00 Schofield 44.28 47.00 Wellesley Middle School 161.20 177.00 Wellesley High School 188.47 222.00 District 91.08 89.00 FY’26 Total 786.10 859.00 Difference (19.47) (14.00)
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