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Greenwich board hears operating budget outlook as district closes year with $2.67 million balance
Summary
Finance staff told the board the district closed fiscal 2025 with $190.28 million in spending (98.6% of budget) and a $2.67 million operating balance, most of which was placed into a non-lapsing transportation account.
Finance staff gave a high-level preview of the district’s operating budget and asked the board for early direction about priorities ahead of formal submission.
“We finished the year at $190,280,000 of the spending, and it is 98.6% of the budget,” said Patrick (finance staff), summarizing fiscal year 2025 results. He said the district ended with a $2,670,000 operating balance; $2,500,000 of that balance has been placed into a non-lapsing account for transportation with $176,000 returning to the town fund.
Why it matters: the balance and how the board uses it affect next year’s operating needs and the town tax impact. Patrick and other staff outlined several budget drivers and risk factors that could push 2026–27 beyond the district’s baseline assumptions.
Key drivers and savings - Vacant positions: staff identified roughly 15 unfilled full-time positions as one of the three main contributors…
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