Wellesley Public Schools: Fiscal Year 2026 Budget
FY’28: $25.00 x 3,902 students = $97,550 FY’29: $25.00 x 3,964 students = $99,100
Local Contribution Revenue:
o FY’27 – FY’29: Increase by 2.5% annually.
Budgeted Offset: o Transportation fees will be reduced by $100 annually (starting in FY’27) through a phase out in FY’29. o Pre-School revenue will be reduced by $100K in FY’27 and level funded in FY’28 and FY’29.
o Circuit Breaker will increase by 1.0% annually. o All other budgeted offsets remain at FY’26 levels.
Expense Assumptions: General Fund:
o Personnel: Enrollment projections indicate a gradual increase in elementary; stable at middle school and declining at the high school. This results in a net reduction of staff in FY’28 and an increase in staff in FY’29. o Personnel: Steps ($950K annually), lane changes ($300K annually) and projected cost-of- living-adjustments (COLA). o Expenses: Transportation rates are based on current contracts: Eastern Bus: (FY’27: 4.07%, FY’28: 10.00% rebid year, FY’29: 5.00%) JSC Transportation: (FY’27: 5.00% rebid year, FY’28: 4.00%, FY’29: 4.00%) o Expenses: Out-of-district placements are projected to increase by 3.0% annually. o Expenses: Circuit breaker reimbursement is projected to increase by 1.0% annually.
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