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Uxbridge reports near‑complete FY25 spending, highlights $11.2M circuit‑breaker balance
Summary
The Uxbridge School Committee on Oct. 21 was told the district closed fiscal year 2025 with a 99.96% general fund execution rate and that restricted grant and revolving account balances — including a circuit‑breaker special‑education balance presented at roughly $11.2 million — will shape budgeting for the coming year.
The Uxbridge School Committee on Oct. 21 heard a fiscal year 2025 closeout report showing the district expended virtually its entire general fund allocation while maintaining restricted grant and revolving fund balances.
Mr. Youngberg, the administrator who presented the report, said the district achieved a 99.96% budget execution rate for the general fund, noting expenditures of $27,617,622 against a budget allocation of just over $27,600,000 with $11,176 in outstanding purchase orders and an operating fund balance of about $130. "This demonstrates careful fiscal management," Youngberg said.
The presentation also detailed grant activity: the district managed 30 grant programs in FY25 that generated $2,594,349 in revenue and $2,503,780 in expenditures, leaving a grant fund balance of $90,569 that staff said is…
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