Wellesley Public Schools: Fiscal Year 2026 Budget
secondary success.
Local contribution: is a combination of budgeted offsets related to revenue receipts from district fees and tuition; state circuit breaker reimbursement; and local tax revenue. The primary source of revenue for the school’s operating budget is local property taxes. o Town of Wellesley: is discussed in more detail in the Financial Section: Town of Wellesley. The expenses reported in this category are costs carried by other Town Departments to support the schools. Since these are an after-the-fact report on expenses, the revenue amount is equal to the expenses. There are no current discussions about a reduction of town services to the schools; and therefore, the projection revenue equals the projected expenses. o Cash Capital: is discussed in more detail in the Financial Section: Cash Capital. Cash capital is a subset of the general operating revenue to support the purchase of furniture, fixtures, equipment, and information technology. Revenue is projected to meet the expected needs of the district. If revenue is not sufficient to cover the school’s needs, the district may use other funding sources and/or delay technology replacements. Special Revenue Fund Revenue: National School Lunch Program: is discussed in more detail in the Financial Section: Revolving Fund. The revenue collected by the program is based on the sale of breakfast and lunch; a la carte items; catering; vending; state reimbursement; and federal reimbursement. The projection assumes that Massachusetts will continue funding universal free meals. State Revenue: is discussed in more detail in the Financial Section: Grants and Financial Section: Revolving Fund. This revenue reflects the amounts received from the Commonwealth of Massachusetts as reimbursement for the Circuit Breaker program and all state funded grants. In school year 2024-2025, the Wellesley School Committee opted out of participation in the school choice program. Federal Revenue: is discussed in more detail in the Financial Section: Grants. This revenue reflects the amounts received from the Commonwealth of Massachusetts for all federal funded grants. All-Funds Summary Wellesley Public School’s finances are presented in a pyramid approach beginning with an all-funds summary of revenues and expenses, as well as fund balances (Level 1). These tables provide a view of the overall health of the school district. Additional information about each fund will be provided throughout this section of the budget including expenditures by function and object. A full explanation of the assumptions used in the FY’27-FY’29 projection is included as each source is detailed.
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