FY'26 Budget Document (December 10, 2024)

Wellesley Public Schools: Fiscal Year 2026 Budget

ORGANIZATIONAL SECTION

The Organizational Section of the budget is designed to provide the reader with an overview of the structure of Wellesley Public Schools as well as our vision and guiding principles. This section will review Wellesley Public Schools’ governance, organizational structure, partnerships, vision statement, strategic plan, account structure and budget process. Town of Wellesley

The Town of Wellesley, incorporated in 1881, is a suburb of Boston in Norfolk County. Originally settled in the 1630’s as a part of Dedham, Massachusetts. Wellesley encompasses 10.49 square miles and is bordered on the east by Newton, on the north by Weston, on the south by Needham and Dover and on the west by Natick. The Town is located approximately seventeen miles West of Boston with easy access to major routes including 128/I-95, Massachusetts Turnpike I-90, and Routes 9 and 16. In addition, a commuter rail service is available in Wellesley. The Town of Wellesley has a representative Town Meeting form of government with a 5-member Select Board and an Executive Director of General Governmental Services. Wellesley is known for possessing the second greatest concentration of residents with advanced degrees in the country. In addition to a well-regarded public-school system, Wellesley is home to four private schools: Saint John’s School, Tenacre Country Day School, STAR Academy, and Dana Hall School. Several higher education systems are also located within the town including Massachusetts Bay Community College, Babson College, and Wellesley College. Wellesley has 30,524 1 residents and 19,214 2 registered voters. Wellesley maintains a significant amount of open space with over forty-seven miles of trails, twenty-nine of which are marked to form an interconnecting network 3 . Based on 2022 data, the average single family residential value is $1,795,371, the per capita income was $229,263 4 and the average single-family tax bill is $18,087 5 . The bond rating for Wellesley is Aaa from Moody’s (2023) and AAA from Standard and Poor’s (2023).

1 Information MA Department of Revenue (2021 Data). 2 Based on the Wellesley Town Clerk Website.

3 Information provided by the Wellesley Natural Resource Commission. 4 Information provided by the MA Department of Revenue (2023). 5 Information provided by the MA Department of Revenue (2023). Town of Wellesley picture from Wikipedia

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