FY'26 Budget Document (December 10, 2024)

Wellesley Public Schools: Fiscal Year 2026 Budget

FY'26 REVENUE SUMMARY

GENERAL FUND

FY'25

FY'26

Salary and Other Compensation

$ 79,768,691 82,078,613 $

Expenses

$ 11,313,288 12,188,096 $ Total General Fund Budget $ 91,081,979 94,266,709 $

LOCAL REVENUE SUPPORTING GENERAL FUND OFFSETS

FY'25

FY'26

Circuit Breaker METCO Offset *

$ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $

3,181,712 $ 3,181,712

89,896 6,956 44,021 80,000

$ $ $ $

89,896

Activities Fees: Middle School (Fund Balance Closed Out) Activities Fees: High School (Fund Balance Closed Out)

- -

Athletic Fees: Middle School Athletic Fees: High School

90,000 525,000 287,500 150,000 40,000 16,240 5,648 33,700 4,000 15,000 550,000

525,000 $

Athletic Revolving: Health and Nursing

5,648

$

Bus Fee: Transportation

247,500 $ 125,000 $

Non-Resident Special Education Tuition

Parking Fees

35,000 16,240 33,700

$ $ $ $ $ $ $

Performing Arts: Middle School Performing Arts: High School

Performing Arts: MS Auditorium Maintenance Performing Arts: HS Auditorium Maintenance

- -

Preschool Tuition

550,000 $

Visual Art Fees: Middle School (Fund Balance Closed Out) Visual Art Fees: High School (Fund Balance Closed Out)

14,368 15,833

- -

4,970,874 $ 4,988,696

Total General Fund Offsets

STATE, FEDERAL AND REVOLVING REVENUES

FY'25

FY'26 **

AUGMENTING EDUCATIONAL

Chapter 70 State Aid

$ 10,345,036 10,442,236 $

PROGRAMS

State Aid Subtotal $ 10,345,036 10,442,236 $

GRANTS

FY'25

FY'26 **

State

METCO Grant (Fund 317)

$ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $

1,240,495 $ 1,240,495

Comprehensive School Health Title II-A: Educator Quality (Fund 140)

29,600 50,641 18,856

$ $ $

29,600 50,641 18,856 33,470 104,316 10,000

Federal

Title III: English Language Acquisition (Fund 180)

IDEA Grant (Fund 240)

1,204,636 $ 1,204,636

Early Childhood Special Education Grant (Fund 262) Title I: Improving Basics Program Grant (Fund 305) Title IV: Student Support (Fund 309) School Emergency Relief Grant III (Fund 119) Investigating History Expansion (Fund 206) Title II-A: Educator Quality (Fund 140) Title III: English Language Acquisition (Fund 180) Early Childhood Special Education Grant (Fund 262) Special Education Program Improvement (Fund 274) Title I: Improving Basics Program Grant (Fund 305) Title IV: Student Support (Fund 309) PTO's and Other Donations (anticipated)** IDEA Grant (Fund 240)

33,470

$

104,316 $

10,000 173,108 14,000 20,975 666,980 6,040 17,385 61,708 8,679 4,577

$ $ $ $ $ $ $ $ $ $

Carry Forward Grants

- - - - - - - - -

Private

275,000 $ 350,000 $

275,000 350,000

WEF Grants (anticipated)**

Grant Subtotal $

4,290,466 $ 3,317,014

$ 19,606,376 18,747,946 $

Total State, Federal and Revolving Revenues

* Included as part of the METCO total grant. ** Estimated total for FY'25 and FY'26

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