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East Kingston board approves $4.01 million operating budget and sets two warrant-article proposals from fund balance
Summary
The East Kingston School Board approved a $4,010,428 operating budget and voted to place two warrant-article proposals on the warrant, authorizing up to $50,000 for a special-education trust and up to $25,000 for a maintenance trust to be funded from the district’s end-of-year fund balance.
The East Kingston School Board voted to approve a $4,010,428 operating budget and authorized two warrant-article proposals to be funded from the district’s projected end-of-year fund balance.
In a motion adopted by voice vote, the board approved an article to place up to $50,000 into a special-education trust fund and a second article to place up to $25,000 into the maintenance trust, both to be funded from the 2025–26 ending fund balance if available. The board then approved Article 1, the operating budget, which the finance officer said would increase tax assessments by about $0.27 per $1,000 of assessed value if revenues remain unchanged.
Why it matters: Board members framed the trust proposals as…
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