There is still a $2.4 million+ school funding gap for next year
12/16/24 Town Council Meeting: Video recording is here. Town Council approved the FY26 Financial Guidelines which give the schools a 3% increase over the FY25 numbers and does not include the total amount the Region received last year in the base for FY26. These financial guidelines leave large deficits at both the elementary ($1,478,143) and regional schools (approx. $1M). The guidelines do say that as soon as other revenue is available, the full amount for the region should be included in the base, so that is at least progress. In terms of the surplus, Councilor Ryan put forth yet another request for $500,000 for roads and sidewalks, and this has been advanced to the Finance Committee. The remaining unspent $500,000 will remain for now in free cash, and in theory is available for request if Dr. Xi makes one.