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Subcommittee debates using FY26 surplus to pre-purchase technology and reduce town assessments
Summary
Members discussed authorizing administration to pre-purchase technology from FY26 surplus to hedge against rising hardware and licensing costs and whether to return $250,000 to member towns; administration cautioned that reduced FY27 budgets could leave little contingency for special education and transportation cost shocks.
At its April 3 meeting, the North Middlesex Regional School District Finance Subcommittee spent the bulk of its time weighing a proposal to use a larger-than-expected FY26 year-end balance to pre-purchase technology and potentially reduce member-town assessments.
Committee member Kim Craraven framed the proposal, noting the district’s current estimated FY26 ending balance of about $2.188 million (up from a prior planning figure of roughly $1.66 million). Craraven floated giving the administration latitude to pre-purchase technology in FY26—mentioning figures in the $300,000–$350,000 range or a maximum conceptual figure of $588,000—and returning $250,000 to the towns as assessment relief.
"I see there's a delta from what we had talked about of about $588,000," Craraven said,…
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