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Committee hears FY25 budget update as out-of-district special-education tuition rises; stabilization fund and circuit-breaker aid used to cover gap
Summary
Administrators reported a projected FY25 out-of-district tuition cost of about $3.49 million and described steps to use circuit-breaker reimbursements and the town-approved stabilization fund draws to cover the shortfall; committee members praised town collaboration on the broader budget.
Falmouth Public Schools’ business manager briefed the committee on the district’s fiscal status, reporting a projected FY25 out-of-district tuition expense of roughly $3,486,101 and outlining how the district plans to use state circuit-breaker reimbursements and stabilization-fund draws to cover the gap.
The presentation showed circuit-breaker funds totaling $830,630 for FY25 (an increase from earlier estimates because the district qualified for emergency relief), a…
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