Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Budget topic
No spam. Unsubscribe anytime.
Cabot board adopts 2024–25 budget as staffing remains primary cost
Summary
The Cabot School Board unanimously adopted the 2024–25 budget at its Sept. 17 meeting; administrators said about 80% of the budget covers staffing and the district faces a modest tax-assessment increase alongside declining enrollment.
Get email alerts on the Budget topic
No spam. Unsubscribe anytime.
The Cabot School Board voted unanimously on Sept. 17 to adopt the district’s 2024–25 budget, which administrators said is driven primarily by personnel costs.
Superintendent Dr. Tony Thurman presented the budget to the board; the motion to approve passed 7–0 with a motion from Corey Williams and a second from James Hertzog. Dr. Thurman said staffing accounts for roughly 80% of the district’s expenditures.
Tina Wiley, speaking for district staff, said the district’s local tax assessment rose 1.28% this cycle while neighboring districts have seen larger increases. She also said per-student state funding rose but the district’s average daily membership declined, prompting the district to rely in part on declining-enrollment adjustments that do not fully offset lost per-pupil revenue. The transcript indicates there was no increase in LEARNS supplemental funding for the district this year.
Board approval makes the budget effective for the 2024–25 school year; administrative follow-up items noted in the meeting include finalizing staffing allocations and routine budget reporting to the board.
