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MVRHS presents lean FY27 budget and readies building project update ahead of MSBA decision

Tisbury Finance and Advisory Committee · February 4, 2026
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Summary

Martha's Vineyard Regional High School delivered a largely level-service FY27 budget, flagged a $500,000 FY26 residential placement, and said the building project team will seek a joint update with Tisbury FinCom and Select Board as MSBA reimbursement is decided Feb. 25.

Principal Sean Mulvey presented the MVRHS FY27 operating budget at $30,275,376 (5.17 percent increase) and said the budget was kept as lean as possible ahead of a major building project. Mulvey emphasized academic flexibility—students may earn up to 15 college credits while in high school—and said MVRHS is preparing for a NEASC accreditation site visit in Fall 2026.

Mulvey explained that fixed costs such as insurance, benefits and debt service limit the district’s ability to reduce spending and noted that last year the district used $500,000 from Excess & Deficiency for an incoming residential placement. He described a $90,000 reduction found through line-by-line budget review and several staffing adjustments, including reallocating duties after eliminating the Director of Student Affairs position and trimming one ELL teacher following a drop in newcomer students.

On the building project, the MVRHS Building Committee will request a joint meeting with the Tisbury FinCom and Select Board to provide a project update. The School Committee is expected to finalize a borrowing method shortly; Mulvey noted that the Massachusetts School Building Authority (MSBA) will decide on reimbursement at its Feb. 25, 2026 board meeting.

Next steps: FinCom will await the joint update and review the school’s statutory assessments and building-census materials; borrowing decisions and MSBA reimbursement determinations will shape final town assessments.