The Finance Committee meeting held on March 26, 2025, in Charlton, Worcester County, focused on the proposed budget for the fiscal year 2026, which was accepted by the school committee on March 3. The meeting highlighted key funding sources and budget allocations that will impact local schools.

The proposed budget estimates Chapter 70 funding at $14,565,806 and Chapter 71 funding at $1,375,375, based on the governor's budget submitted in January 2025. These figures are preliminary and may change as the budget progresses through the legislative process. The total budget for assessment is set at $30,298,721, with member town assessments totaling $13,665,798, which are at the minimum required contributions.

Significant increases in required contributions were noted, with a collective rise of $388,016 for minimum contributions and a $345,176 increase in transportation assessments due to reduced regional transportation reimbursement funds. To mitigate these costs, the district allocated $260,531 from its Excess and Deficiency (E&D) fund.

The budget also addresses previous shortfalls, with a $500,000 appropriation from E&D to cover a net school spending requirement that was missed by $660,595 in the previous fiscal year. The operational budget totals $26,610,812 after accounting for various assessments and contributions.

Among the budget highlights, the meeting discussed the introduction of a new diesel vocational program, which aims to prepare students for careers in high-demand fields such as diesel mechanics. The program will be supported by a capital skills lab modernization grant of over $700,000. Additionally, the budget includes funding for a vocational instructional coach and a health dental vocational aide to enhance educational support.

The meeting also addressed the rising costs of healthcare, with an 18% increase anticipated for the upcoming year, reflecting industry trends. The district plans to continue utilizing Student Opportunity Act funds for professional development and to address issues such as bullying and mental health.

Overall, the proposed budget reflects a commitment to enhancing educational programs and addressing financial challenges while ensuring compliance with state funding requirements. The next steps will involve further discussions and adjustments as the budget moves through the approval process.