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Wallingford projects roughly $191,000 budget surplus; special-education deficit narrows
Summary
Finance staff reported a projected $191,000 surplus for the school district through January 2025 while special-education tuition remains a significant deficit though the projection improved this month.
The Wallingford School District presented a January 2025 financial projection showing an improved position, with a roughly $191,000 projected surplus and several line-item shifts explained by district finance staff.
Daniel Barone, speaking as the district finance presenter, told the Operations Committee the $191,000 projection reflects savings in multiple accounts and that the district is not using its 2% set-aside for special education this month. Barone said benefits show a $73,000 increase in surplus, including about $25,000 tied to HSA contributions and…
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