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RSU 18 board continues FY27 budget review, presents 3.81% proposal
Summary
Superintendent/Presenter presented a revised FY27 budget that trims a vacant position and lowers the proposed increase to about 3.81%; trustees debated insurance assumptions, fuel reserves and next steps before the April vote.
The board reviewed a revised FY27 budget that trims a recently vacated data specialist position and the athletic director stipend, bringing the proposed total to $47,300,770 — a 3.81% increase in the district budget. Presenter said the earlier draft had been $47,364,001.28 (about a 3.95% increase) and summarized the reductions and assumptions that produced the change.
Presenter cautioned the final percentage depends heavily on health insurance rates: "We're currently budgeted at 10% of health insurance. If we are able to go to 8% that would bring the budget down to 47, or 3.5 percent. If we're able to go to 6%, then that would bring us down to 47 almost 47 flat, which would be 3.18%," the Presenter said. Board members asked for revenue and sensitivity scenarios to be posted for towns and requested a version of the budget showing alternative fund‑balance uses for the next meeting.
