FY'26 Budget Document (December 10, 2024)

Wellesley Public Schools: Fiscal Year 2026 Budget

FY'24 Adjusted Budget

FY'22 Actual

FY'23 Actual

FY'25 Budget

FY'26 Projection

FY'27 Projection

FY'28 Projection

FY'28 Projection

Summary of Balances by Fund Type

General Fund / Operating Budget

Revenue 82,540,254 $ $ 84,802,267 87,832,188 $ $ 91,081,979 94,042,143 $ $ 96,228,641 98,468,388 $ $ 100,763,292 Expenses $ 81,433,316 83,708,714 $ $ 87,553,208 91,081,979 $ $ 94,266,709 97,733,873 $ $ 101,310,094 104,875,694 $ Surplus / (Deficit) $ 1,106,938 $ 1,093,553 $ 278,980 - $ (224,566) $ $ (1,505,232) $ (2,841,706) $ (4,112,402) Revenue 29,447,398 $ $ 39,419,123 45,986,762 $ $ 48,126,331 49,110,189 $ $ 50,264,157 51,328,889 $ $ 52,511,149 Expenses $ 29,447,398 39,419,123 $ $ 45,986,762 48,126,331 $ $ 49,110,189 50,264,157 $ $ 51,328,889 52,511,149 $ Surplus / (Deficit) - $ - $ - $ - $ - $ - $ - $ - $

Town of Wellesley and Cash Capital

State Grants

Revenue $ Expenses $

1,176,996 $ 1,176,996 $

1,422,010 $ 1,422,010 $

1,356,289 $ 1,356,289 $

1,270,095 $ 1,270,095 $

1,245,495 $ 1,245,495 $

1,245,495 $ 1,279,662 $

1,245,495 $ 1,348,983 $

1,245,495 1,393,030

Surplus / (Deficit)

$

-

$

-

$

(0)

$

(0)

$

(0)

$

(34,167)

$

(103,488)

$

(147,535)

Federal Grants

Revenue $ Expenses $

1,557,910 $ 1,557,910 $

1,601,952 $ 1,601,952 $

2,567,423 $ 2,567,423 $

2,395,371 $ 2,395,371 $

1,421,919 $ 1,421,919 $

1,350,823 $ 1,446,824 $

1,283,283 $ 1,472,229 $

1,219,118 1,498,140

Surplus / (Deficit)

$

-

$

-

$

-

$

-

$

-

$

(96,001)

$

(188,946)

$

(279,022)

National School Lunch Program

Revenue $ Expenses $

1,750,913 $ 1,643,565 $

1,873,975 $ 1,900,704 $

2,257,065 $ 2,247,544 $

2,153,999 $ 2,097,319 $

2,352,500 $ 2,250,000 $

2,387,788 $ 2,317,500 $

2,423,604 $ 2,387,025 $

2,459,958 2,458,636

Surplus / (Deficit) $

107,348

$

(26,729)

$

9,521

$

56,680

$

102,500

$

70,288

$

36,579

$

1,322

Other Special Revenue

Revenue $ Expenses $

6,253,429 $ 5,901,678 $ 351,751 $

6,174,394 $ 6,023,318 $

5,709,839 $ 5,698,261 $

6,149,546 $ 6,149,546 $

6,011,014 $ 6,119,995 $

5,926,887 $ 6,109,237 $

5,868,503 $ 6,148,875 $

5,836,513 6,042,915

Surplus / (Deficit) $

151,076

$

11,578

$

-

$

(108,981)

$

(182,350)

$

(280,372)

$

(206,402)

All Fund Summary

Revenue 122,726,900 $ $ 135,293,721 145,709,566 $ $ 151,177,321 154,183,260 $ $ 157,403,791 160,618,162 $ $ 164,035,525 Expenses 121,160,863 $ $ 134,075,821 145,409,487 $ $ 151,120,641 154,414,307 $ $ 159,151,253 163,996,095 $ $ 168,779,564 Surplus / (Deficit) $ 1,566,037 $ 1,217,900 $ 300,079 56,680 $ (231,047) $ $ (1,747,462) $ (3,377,933) $ (4,744,039)

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