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North Middlesex finance subcommittee weighs spending FY26 surplus, possible return of funds to towns
Summary
At an April 23 finance subcommittee meeting, North Middlesex administrators reported a surplus in the FY26 budget and committee members debated using the money for a technology refresh, staffing needs and whether to return portions to municipalities; no budget transfers were approved.
Kim Craven, chair of the North Middlesex Regional School District finance subcommittee, said at the April 23 meeting that the district’s FY26 accounts now show more unspent money than previously expected and urged a concrete plan to spend some of those funds for students and to ease municipal burdens.
“The 1 thing that, you know, I’ve been really reviewing and looking at is the amount left over in the teacher’s line item,” Craven said, pressing administration for a proposal. She also raised returning money to towns: “My ask has been for a month now to kick back to the municipalities 2 50,” she said, using the phrasing that was spoken in the meeting.
The nut graf: Administration told the committee the district has a modest surplus but flagged specific pressures that complicate spending decisions. Nancy Haines, who reviewed the FY26 appropriation-by-category report, said the district still has funds across most…
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