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Norwood schools ask to expand special‑education reserve; finance commission approves $580,959 appropriation
Summary
Norwood school officials told the Finance Commission on Oct. 16 they want to strengthen the district's special‑education reserve fund and shift routine budget reliance to the state's circuit‑breaker reimbursement; the Finance Commission approved an article to appropriate $580,959 from free cash to the reserve.
Norwood school officials told the Finance Commission on Oct. 16 they want to strengthen the district's special‑education reserve fund and shift routine budget reliance to the state's circuit‑breaker reimbursement, and the commission approved a warrant article appropriating $580,959 from free cash to the reserve.
School finance staff presented recent circuit‑breaker results and the history of the town's special‑education reserve fund, which the transcript shows was created by a town meeting vote in fiscal 2021. Sean Meehan, the school district's director/assistant superintendent for finance and operations, told commissioners the district has carried forward several years of circuit‑breaker reimbursement and…
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