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Windsor Locks finance subcommittee reviews FY26 overage, previews $92,000 DRIP funds and June 2 referendum
Summary
At its May 13, 2026 Finance Subcommittee meeting, the Windsor Locks Board reviewed FY26 expenditures and noted an overage tied to insurance and special-education outplacement. Superintendent Shawn Parkhurst reported $92,000 in DRIP improvement funds and said a town petition will shift a May 19 meeting to a June 2 referendum.
The Windsor Locks Board of Education Finance Subcommittee on May 13, 2026, reviewed year‑to‑date FY26 financials and received an update on FY27 budget developments, including $92,000 in state DRIP improvement funds and a town petition that will move a May 19 Town Meeting to a June 2 referendum.
Superintendent Shawn Parkhurst called the meeting to order at 4:45 p.m. and summarized the FY26 expenditures. The meeting record notes a current overage in FY26 that the committee attributed to insurance costs and outplacement for special‑education students; some line items are being reclassified and Parkhurst said ongoing conversations with the Town could change the final totals. The minutes do not specify exact revised projections or which accounts remain under review.
Parkhurst said the district has $92,000 available from Improvement Funds (DRIP) for FY27 and that he is working with Facilities on possible uses. Committee discussion suggested the funds be used for a school‑based project rather than Central Office work; one possibility mentioned was improvements to the Windsor Locks High School stage area. No formal vote or appropriation of the DRIP funds was recorded at the meeting.
On state funding, Parkhurst gave an update described in the minutes as information on the Property Tax Grant to Aid Municipalities/Schools; the record does not include a dollar figure or implementation timeline. Parkhurst also reported that a valid petition had been filed that will dismiss the Town Meeting on May 19 and move the matter to a referendum to be held June 2, 2026, changing the municipal schedule for any town‑level approvals that could affect the district budget.
There were no public comments on agenda items. The subcommittee adjourned at 5:30 p.m.
Next steps noted in the minutes: continued account reclassifications, further coordination between district staff and the Town on outstanding FY26 items, and Facilities review of potential DRIP fund projects.
