Wellesley Public Schools: Fiscal Year 2026 Budget
Tab 2: Organizational Section Town of Wellesley .......................................................................................................................................35 Legal Autonomy ........................................................................................................................................... 36 Information about Wellesley Public Schools...............................................................................................36 Elementary School Attendance Zones ..........................................................................................36 Elementary Transfer Option (ETO) Enrollment (Formerly Open Enrollment) ..............................37 Wellesley Middle School...............................................................................................................37 Wellesley High School...................................................................................................................38 Wellesley School Committee.......................................................................................................................38 Central Office Administration......................................................................................................................39 District Organizational Chart .......................................................................................................................40 District Leadership ....................................................................................................................................... 40 Wellesley Public Schools Strategic Plan ......................................................................................................42 Profile of a Graduate ......................................................................................................................42 Wellesley Public Schools District Strategic Plan (2023-2028)........................................................42 Wellesley Public Schools District Priorities (2025-2026) ...............................................................44 Partner Organizations..................................................................................................................................44 Fiscal Year 2026 Budget Guidelines.............................................................................................................46 Key Factors Affecting the FY’26 Budget ......................................................................................................47 Basis of Accounting .....................................................................................................................................49 School Department Funds ...........................................................................................................................49 Classification of Revenues and Expenditures ..............................................................................................50 Fund Balance Restrictions ...........................................................................................................................53 Relevant Laws, Regulations and Policies .....................................................................................................55 Massachusetts General Laws (MGL).............................................................................................56 Code of Massachusetts Regulations (CMR) ..................................................................................59 School Committee Policies ...........................................................................................................60 Town of Wellesley Policies ...........................................................................................................61 Town of Wellesley Bylaws ............................................................................................................62 Budget Process ............................................................................................................................................62 Operating Budget..........................................................................................................................62 Capital Budgets (Cash Capital and Facility Capital).......................................................................64 Budget Timeline...........................................................................................................................................64 Budget Administration and Management Process .....................................................................................66 Local Revenue Sources ................................................................................................................................68 Tab 3: Financial Section Level Summaries .............................................. ............................................................... ............................. 71 Fund Types...................................................................................................................................................72 General Fund ..................................................................................................................................72 Cash Capital Fund ..............................................................................................................72 Town of Wellesley .............................................................................................................73 Capital Fund ................................................................................................................. ...... 73 Grant Funds ....................................................................................................................................73 Other Special Revenue Fund (Revolving Funds).............................................................................73 National School Lunch Program (NSLP) Fund....................................................................73 Revenue Categories ..................................................................................................................................... 73 General Fund Revenue ...................................................................................................................73
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