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Committee told full fund balance will be applied; proposed overall increase about 2.4%
Summary
Pete said the district plans to apply its full fund balance (split between capital and operating) and presented a proposed school budget that shows an overall increase of about 2.4% with the school share being roughly 39% of the town budget; the committee will vote on the recommended budget at its next regular meeting.
Pete, the meeting moderator, told the committee the district is applying its full fund balance to next year’s budget, splitting the amount between capital and operating in line with the town agreement while keeping a small emergency holdback.
He said the proposed…
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