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Milton School Committee says FY25 faces shortfall; asks Select Board to free up $1 million and trims FY26 budget growth
Summary
Milton Public Schools leaders told the School Committee on Wednesday that the district faces a projected FY25 budget shortfall and outlined mitigations; the committee approved motions including a $1 million funding request to the Select Board and procedural steps to boost transparency.
The Milton School Committee on Wednesday received a detailed finance briefing that confirmed a projected fiscal-year 2025 operating deficit and described steps to contain costs while preparing next year’s (FY26) budget.
Peter (Finance staff) and the district’s finance team reported a midyear FY25 projection that showed a significant deficit after recurring costs outpaced recurring revenues. The committee heard that the district and town had used one-time funds in fiscal 2024 to cover prior deficits and that similar offsets were being considered for FY25. "A structural deficit means recurring expenses consistently exceed recurring revenues," Peter said, noting recurring pressure points such as substitute coverage and utilities.
Since the January quarterly report, district staff implemented a purchase freeze, a hiring freeze, and targeted re-allocations such as assigning a portion of custodial time to the food-service revolving account. The presentation listed potential offsets including a possible state increase to circuit-breaker transportation reimbursement (a proposed…
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