Milton Public Schools projects roughly $1.09 million FY25 shortfall as unexpected costs mount

Milton Public Schools finance staff on Tuesday told the districtfinance subcommittee the district now projects a fiscal year 2025 deficit of about $1,090,000, assuming a proposed supplemental state funding allocation is finalized.

The shortfall was discussed at the June 3 meeting of the Milton Public Schools Finance Subcommittee as members and staff reviewed quarterly reforecasting and expenses arriving late in the fiscal year. "We have been running in a deficit pretty consistently all year," said Katie, finance staff, describing the district's ongoing shortfall and the most recent projection.

The projection follows an earlier second-quarter estimate of about $2.2 million and a third-quarter projection of just under $800,000 that assumed the pending state supplemental allocation. Finance staff said a series of post‑report increases have…