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Freetown‑Lakeville committee hears FY27 budget and three E&D scenarios; E&D to be considered Feb. 25
Summary
School officials presented a $53.6 million recommended budget for FY27 and three options to use excess & deficiency (E&D) funds to lower town assessments; the committee agreed to place the E&D decision on the Feb. 25 public hearing agenda for a possible vote.
The Freetown‑Lakeville Regional School Committee received an FY27 budget presentation Feb. 4 that recommended a total budget of $53,619,217, and staff outlined three options using excess & deficiency (E&D) funds to reduce town assessments.
Director of finance Jack Higgins told the committee the recommended total was $53,619,217 (including federal grants) and that the general fund budget is $49,842,654, an increase over the prior year. Higgins said Chapter 70 aid rose only slightly — "from last year's Chapter 70, which was at 12,333,000 and change"…
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