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Finance director presents five‑year forecast showing structural shortfall; staff reductions likely in FY26–27
Summary
Finance director Mr. Bull told the Warwick School Committee the five-year projection requires sizable salary-and-benefit savings in FY26–27 and recommended asking the city for a 3% allocation increase in the first year to stabilize the plan.
Warwick Public Schools finance director Mr. Bull presented a five-year projection on Jan. 30 that showed current assumptions produce recurring deficits without both expense control and additional city support.
Bull outlined four scenarios that assume different city allocation growth rates (2.0–3.0 percent annually) and said the model includes assumptions about pension-treatment options. He told the committee the district could save roughly $5 million in salary and…
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