Budget Update, December 10
Following the Public Hearing on the FY10 Budget, the School Committee will adopt its budget at the regular meeting on December 10. It is important to remember that the adopted budget is the spending plan and resources that the School Committee believes we should be able to provide for our students. We recognize that the "adopted" budget will likely not be the budget that is implemented following receipt of new information and collaboration with the other cost centers in Town.
There are two "needs" budgets included for Committee discussion purposes. Only one budget will be adopted at the meeting.
Budget Update, December 3
The FY10 Budget is to be presented to the School Committee at the December 3 Public Hearing. The presentation is available for download.
This presentation (revised 12/01) reflects revised revenue projections based on new information. It appears that for FY10, state aid for towns and schools may be cut at least 8% from FY09 levels and that local Sudbury receipts will be lower than originally projected. Original projections for FY10 were for state aid and local receipts to be level to the amount received in FY09.
All budgets presented at this time are very tenuous given the uncertainty in revenues.