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Superintendent outlines budget outlook; finance office projects FY26 needs near $267–$270 million and will use carryover to stabilize special‑ed costs
Summary
Superintendent O'Leary and the finance director reviewed enrollment, Chapter 70 aid and budget planning. The administration projected FY26 net school spending in the $267–$270 million range, explained creation and use of a special education stabilization account, and the finance subcommittee approved a set of transfers.
Superintendent O'Leary and finance staff updated the New Bedford School Committee on March 10 about enrollment, state aid and budget planning for fiscal 2026, saying the district expects to present a detailed proposed operating budget in April and is estimating a net school spending target in the $267 million to $270 million range.
O'Leary noted the district’s current enrollment figure “just under 13,000” students and said Chapter 70 state aid is…
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