Manchester Waterworks provides unexpected $9M for school water line hookups

Bedford School District is experiencing a financial boost, with revenues exceeding estimates in several areas, including tuition and unexpected reimbursements from Manchester Waterworks. During the School Board meeting on February 17, 2025, it was revealed that the district received an unanticipated $98,000 from water line hookups related to the high school, which were originally bonded for $800,000. This influx of funds is part of a long-standing agreement with Manchester Waterworks, which has been in place since 2007.

Despite this positive news, the district is facing challenges with Medicaid reimbursements, which have been delayed due to new state regulations requiring additional documentation. The district is currently behind on these reimbursements, but officials are optimistic about improving their processes to secure future funding.

In terms of overall financial health, the district reported a conservative surplus of approximately $180,000. Donations totaling $92,000 have also been received this year, although these funds are not factored into the budget as they are spent upon receipt.

Food services are on track, with a projected deficit of $20,000 that officials believe can be mitigated through careful expense management. However, the food service program is also facing a significant expense deficit of $140,000, prompting discussions about stabilizing the program and setting realistic expectations for future budgets.

Special education funding remains a concern, with a reported deficit of $1.26 million attributed to contracted staff positions. The board discussed the implications of relying on contracted services versus hiring full-time staff, noting that a different staffing approach could have resulted in a more favorable financial outlook.

As the district navigates these financial challenges and opportunities, officials are committed to ensuring that resources are managed effectively to support educational programs and services for students. The next steps will involve closely monitoring revenues and expenses, particularly in food services and special education, to maintain fiscal stability moving forward.