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Cabot School Board approves $88 million 2024–25 budget as trustees warn of tight margins
Summary
The Cabot School Board voted to adopt the 2024–25 operating budget after administrators described revenue pressure from declining enrollment, constrained state funding and federal decreases; the adopted plan includes a $1.4 million transfer from the building fund to balance operations.
The Cabot School Board approved the 2024–25 operating budget on a voice vote after administrators outlined tight revenue conditions and cost pressures.
Miss Riley, who presented the budget, said the district "started with $88,000,000" as the baseline and noted that staffing and debt service account for the majority of spending. She explained the district is budgeting conservatively because average daily membership (ADM) fell and…
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