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Southampton School Committee authorizes FY26 line-item transfers to address budget variances
Summary
At its June 10 meeting the Southampton School Committee approved line-item transfers to close FY26 budget variances after the business administrator outlined revenue shortfalls and offsetting savings; the chair was authorized to sign the transfer documents.
The Southampton School Committee on June 10 approved a set of FY26 line-item transfers intended to cover budget variances and avoid tapping additional reserve funds.
Don Scaparati, the district business administrator, told the committee the approved gross FY26 budget is 6,622,719 and explained revenue offsets that reduced the town contribution to 5,859,582. He said the district received less rural aid than expected and flagged a possible shortfall in the preschool revolving account, but described roughly $304,000 in savings on out-of-district special-education tuition that helped offset overages elsewhere. "We were able to allocate the town of Southampton allocated 120,000 towards the school" and "we will be able to cover" the remaining variance with transfers, he said.
Scaparati walked members through specific pressure points: substitute pay, fuel costs and retiree sick-time payouts were above budget, while some interventionist positions that were reduced left available budget lines to be reallocated. He recommended taking funds from those underused lines to resolve approximately $42,203 in current overages and asked the committee to authorize the transfers and allow the chair to sign the accompanying documents.
Committee members questioned whether the transfers would exhaust revolving funds or require reserve draws. Scaparati said he did not expect to need additional reserve funds and that he would report back at the next meeting once final entries were processed.
The committee voted to authorize the line-item transfers for FY26 and to permit the chair to sign the paperwork.
What happens next: staff will post updated detailed budget reports and the business office will monitor actuals as invoices and encumbrances are finalized.
