School committee approves transfers, authorizes short‑term borrowing and year‑end budget actions

Quabbin Regional School District’s school committee on Jan. 12 approved a multi‑part set of fiscal motions to close out fiscal year 2025 and prepare for fiscal 2026, including transfers between accounts, authority for short‑term borrowing in anticipation of next year’s revenues, and delegation to staff to execute year‑end transfers.

The committee voted to transfer $235,354.04 into instructional salaries in the school choice revolving account by moving funds from several lines: $106,366.95 from special education transportation, $42,079.10 from special education instructional support, $56,534.28 from district administration, and $30,373.80 from school choice and charter tuition assessment. A separate transfer of $11,267.32 from the school choice and charter tuition assessment to benefits (account 5,100‑52.50) was approved to cover FY2025 retirement costs.

Separately, the committee authorized the district treasurer to borrow in anticipation of revenue for fiscal year 2026 under cited provisions of Massachusetts General Laws (chapter 71 and 16G and references to general laws chapters 40 and 44). Committee members also authorized the interim business manager to make any transfers necessary to close the FY2025 budget.

All motions passed by roll call; the committee described the measures as routine year‑end financial housekeeping intended to preserve reserves in the revolving account and to comply with state cash‑flow requirements.

Committee members asked that staff provide updated school‑choice enrollment counts at the next meeting to refine FY2026 planning.