School committee outlines $843K budget shortfall plans amid revenue uncertainties

The Lincoln Budget Board meeting on January 9, 2025, highlighted significant financial challenges facing the school department, with a projected budget shortfall of approximately $843,000. This figure is compounded by anticipated flat state aid and a structural deficit at the state level, which is expected to reach $300 million. The school committee chair emphasized the need to avoid a 4% increase in the town's appropriation, which would amount to about $47 million, indicating a desire to scale back the proposed budget.

Key discussions included a notable increase in operating costs, particularly for special education services, which are set to rise by $120,000, and curriculum costs, which are projected to increase by $518,000. These expenses were previously covered by one-time federal ESSER funds, raising concerns about the sustainability of funding for recurring costs.

Transportation services are expected to decrease by $190,000, despite rising fuel costs, while electricity costs are projected to increase by $267,000 due to net metering issues. The board acknowledged the need for clarity regarding these costs, particularly as they relate to the school department's budget and the town's financial obligations.

The meeting also addressed the potential use of accumulated surplus to bridge the budget gap, with estimates suggesting a surplus of $450,000 to $500,000 could be available. However, the board expressed caution about relying on surplus funds for ongoing expenses, highlighting the importance of establishing a sustainable budget moving forward.

As the school committee prepares for a special meeting on January 27, the discussions from this meeting underscore the urgent need for strategic financial planning to address the anticipated shortfall and ensure the continued provision of essential educational services.