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Business office reports FY25 closeout, circuit-breaker special-education claims and certifies payrolls
Summary
Business officials provided a near-final FY25 closeout update, explained an elevated circuit-breaker special-education claim and the committee certified three payroll warrants at the July 9 meeting.
The Tewksbury School Committee received its quarterly finance update on July 9, during which the business office described the near-final FY25 closeout, increased circuit-breaker claims tied to special-education services and certified three payroll warrants.
Business Manager David Libby said FY25 closeout is nearly complete and that some encumbrances remain for late invoices and tuition. He advised the committee that the district submitted a larger-than-projected circuit-breaker claim related to special-education expenses; the state's proposed FY26 budget projects increased circuit-breaker funding, which the district said would help offset higher claims.
The committee certified three payroll warrants by roll-call vote: payrolls for periods ending June 5 ($777,522.10), June 18 ($1,638,315.97) and July 3 ($1,737,094.90). Each motion passed on recorded votes.
Separately, the committee voted unanimously to grant a 3.5% salary increase to 22 nonunion salaried employees; the business office estimated the total cost at roughly $50,000. Administrators noted trends driving substitute and special-education costs, including higher usage and longer-term leaves, and said the district will continue to monitor encumbrances into early July before final closeout.
Libby also said the district is working on the state circuit-breaker portal filing and expects to submit by the Monday deadline; improvements in the state budget were described as encouraging but officials cautioned that grant pauses and federal funding uncertainties remain under review.
