Admin

2025-2026 Budget

2025-2026 Board of Education Budget


In December, district administrators and directors submitted budget requests and held discussions with the Superintendent.  The Budget & Finance Subcommittee also met to review budget drivers and assumptions to guide budget development.

In January, district administrators and directors presented cost center requests to the Budget & Finance Subcommittee.  Cost centers include Joel, Eliot, Morgan, Special Services, Central Office, Maintenance, District-wide, and Athletics.  Technology requests are embedded within the appropriate cost center.  Each presentation can be viewed here.

On January 21, 2025, the Superintendent presented a proposed operating budget of $39,468,513, which is an increase of $2,484,376 or 6.72%.  The Superintendent's budget presentation can be viewed here.

At its regular meeting on February 3, 2025, the Board of Education approved the 2025-2026 operating budget in the amount of $39,240,189.  This is an increase of $2,256,052, or 6.10% over the previous year's budget.

The Town Council is holding workshops in February to further discuss budgets and will finalize the budget at their meeting on March 4, 2025.

The entire, printer-friendly budget book, representing the budget approved by the Board of Education on February 3, 2025 can be found here.  Individual budget book components can be viewed by clicking the links below.

Background:
     Introduction Letter
     Board of Education & Administrative Team
     Mission Statement & Strategic Objectives
     Budget Timeline (updated 3/10/2025)

Enrollment & Staffing Information:
     Enrollment Projections
     Class Size Information
     Certified Staff FTE
     Non-Certified Staff FTE

Request by Object:
     Detailed Explanation of Objects
     Budget Object Summary
     Budget Object Graph

Request by Cost Center:
     Budget Overall Summary
     Lewin G. Joel, Jr. School
     Jared Eliot Middle School
     The Morgan School
     Special Services
     Central Office
     Maintenance
     District-wide
     Athletics

District Information:
     Projected Tuition
     Grant & Revenue Information
     Per Pupil Expenditure Information
     Capital Budget
     Debt Service
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