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School committee receives first reading of FY26 operating budget that increases revenues by $2.17 million

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Summary

Superintendent Watson presented the FY26 first-read budget showing a $2,168,405 revenue increase driven by Chapter 70 aid and transportation; the committee voted to receive the first reading and scheduled a public hearing and second reading for April 29.

Superintendent Michael Watson presented the fiscal year 2026 operating budget to the Greater New Bedford Regional Vocational Technical High School Committee on Tuesday, describing revenue increases, contractual obligations and planned reallocations for next year.

Watson told the committee FY26 total revenues are increasing by $2,168,405 and walked members through enrollment-based assessments, state Chapter 70 aid and district-fixed costs. "The total revenues to greater than the total 10 for the next fiscal year are increasing by $2,168,405," he said, noting Chapter 70 aid and regional transportation adjustments were major drivers.

Nut graf: The first reading highlighted personnel and benefit pressures — including a…

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