| Update to Bridgewater-Raynham FY2007 School Budget June 21, 2006 |
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| June 21, Update to Bridgewater-Raynham FY2007 School Budget
At tonight's School Committee Meeting, a revised FY2007 budget was presented, and accepted by the Committee. The current version forecasts $49,933,151 in operating costs and $140,000 in capital costs (modular classrooms). Of note is a revenue forecast item for School Choice Tuitions of $50,000 - representing a conservative estimate for the number of students who will elect to attend B-R schools this coming year. This results in a return as over-assessment to Raynham of $412,582. An Article on Raynham's Special Town Meeting 6/26/06 will acknowledge the over-assessment and make a 'gift' to B-R for teaching positions. This Aricle is subject to meeting approval - a majority 'yes' vote and a quorom present. B-R has accepted Bridgewater's Town Meeting vote of $16,768,078 comprising $16,679,458 in operations and $88,620 as pro-rated share of modular classroom costs. I would anticipate another revision to these numbers - not effecting town appropriations - as certain estimated numbers are approved and become official (such as Chapter 70 aid) in August or September. |
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