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BOE accepts April budget report; district faces $400,000 cut and schedules special meeting after referendum

Preston School District Board of Education · June 9, 2025
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Summary

The board accepted the April year-to-date budget report, reviewed a FY26 proposal at about a 2.2% increase over last year, and was advised that a recent $400,000 cut to the BOE budget could have consequences pending the June 18 referendum; a special meeting on June 25 will act on referendum results.

The Preston School District Board unanimously accepted the April year-to-date budget report at its June 9 meeting and discussed the FY26 outlook amid a recent $400,000 cut to the board’s budget.

Cindy Varricchio, the district’s director of finance, presented the April report and noted a final audit is planned for September; the board moved to accept the report (motion moved by Cindy Luty; seconded by Courtney Ennis) and voted unanimously.

Superintendent Roy Seitsinger reviewed the FY26 budget trajectory and said the district’s proposed budget is roughly 2.2% above last year’s spending, which he noted is about 2–3 percentage points lower than the current state average. He outlined a list of possible consequences resulting from the most recent $400,000 cut to the BOE budget and said no votes on specific cuts would be taken until after the June 18 referendum.

The Board of Finance will begin exploring debt-service options for capital-project priorities, and the district will provide a report on the non-lapsing account at fiscal-year end. The board scheduled a special meeting for June 25 to act on the results of the June 18 referendum.

Motion to accept the April year-to-date budget report: moved by Cindy Luty, seconded by Courtney Ennis; unanimous approval.