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Committee hears FY27 budget preview: $2.6M preliminary gap, Title I reductions and rising transportation costs
Summary
Finance and operations members told the committee the FY27 budget includes a preliminary $2.6 million operating gap, warned of an anticipated 10–15% Title I cut (estimated at about $800,000) and flagged a likely ~5% increase in transportation costs; members said they will monitor House budget developments.
At the March 9 meeting the committee received a fiscal preview for FY27 that identified several headwinds for Holyoke Public Schools.
Finance and operations members told the committee the district is working with initial budget projections that point to a preliminary general‑fund gap of about $2,600,000 as the district awaits the House 1 numbers. The administration noted that some temporary pandemic‑era federal…
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