Wellesley Public Schools: Fiscal Year 2026 Budget
Comprehensive school health state grant will return to pre-COVID levels in FY’26 and remain flat. All federal grants in FY’26 will be funded at FY’25 levels and reduced by 5% in the following three-year period (FY’27-FY’29). Expense Assumptions: Four of the five collective bargaining agreements with the Wellesley Educator Association will expire on June 30, 2026. The fifth agreement (Unit E: Technology Support Professionals) is being negotiated. With no known increases to the salary tables for FY’27 – FY’29, salary accounts are increased by 2.00% annually. Transportation rates are based on current contracts: o Eastern Bus: (FY’27: 4.07%, FY’28: 10.00% rebid year, FY’29: 5.00%).
Key Takeaways: The main driver to the projected deficits is related to anticipated salary and transportation increases and the expected loss of federal grant funds. Salary adjustments: several state and federal grants carry personnel expenses. The five grants that carry staff include the METCO grant (state), the Early Childhood Special Education (federal), Title 1 (federal), Comprehensive School Health (state), and the Special Education I.D.E.A. (federal). With the projected revenue associated with the grants, and anticipated salary and transportation increases, a deficit is projected in FY’27 through FY’29. To mitigate these deficits, the district will need to either reduce staff, move staff to the general fund, or reduce service and programming. The district will continue to monitor and recommend changes as needed in the future.
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