District Departments » Finance and Operations » FY25 Budget

FY25 Budget

Taunton Public School's Preliminary Fiscal Year 25 Budget represents a level-service budget, meaning there are no cuts to positions, services, or programs.
 
The operational budget/appropriation request for FY25 is $120,589,479.

Budget Cost Breakdown

Category FY24 Final Budget Governor's FY25 Budget Jan House FY25 Budget April Senate FY25 Budget May
Difference
($/%)
(A) Chapter 70 State Aid $88,928,648 $94,895,152
$94,965,614
(+$70,462)
$94,965,614
(no change)
$6,036,966 / 6.79%
(+0.08%)
(B) City Contribution $42,467,828 $45,057,486
$45,057,486
(no change)
$45,057,486
(no change)
$2,589,658 / 6.10%
Subtotal (A+B) $131,396,476 $139,952,638
$140,023,100
(+$70,462)
$140,023,100
(no change)
$8,626,624 / 6.57%
(+0.06%)

 

Costs at a Glance

Category FY24 FY25 Difference % Difference
Salary $85,575,525 $96,201,840 $8,726,517 9.07%
Special Ed Tuition $7,090,036 $2,662,502 ($4,427,533) -166.29%
Transportation $9,750,625 $10,967,982 $1,217,357 11.10%
Utilities $3,774,488 $3,925,468 $150,980 3.85%
Contracted Services $2,926,032 $3,176,379 $250,347 7.88%
Supplies $3,121,074 $3,065,669 ($55,405) -1.81%
Maintenance $581,425 $589,639 $8,214 1.39%
Category Totals $114,719,002 $120,589,479 $5,870,477 5.12%

 

Chapter 70 Summary

  FY24 FY25 Change Percentage Change
Enrollment 8,075 8,235 160 1.98%
Foundational Budget $131,396,476 $139,952,638 $8,556,162 6.51%
Required District Contribution $42,467,828 $45,057,486 $2,589,658 6.10%
Chapter 70 Aid $88,928,648 $94,895,152 $5,966,504 6.71%
Required Net School Spending (NSS) $131,396,476 $131,952,638 $8,556,162 6.51%
Target Aid Share 63.07% 63.79%    
C70 % of Foundation 67.68& 67.81%    
Required NS % of Foundation 100% 100%    

 

Bu
Budget Presentation starts at approximately 11:00

FY25 Budget Frequently Asked Questions

The Chapter 70 program is the major program of state aid to public elementary and secondary schools. In addition to providing state aid to support school operations, it also establishes minimum spending requirements for each school district and minimum requirements for each municipality's share of school costs.
 
Based on the Governor's budget proposal, the state is paying 68% of Taunton Public School's foundational budget and 78.69% of the operational budget/appropriation.
 
The State House of Representatives Ways and Means Committee increased Chapter 70 by $70,462, bringing the state contribution up to $94,965,614 which represents 68% of the foundational budget and 78.71% of the operational budget/appropriation. 
 
The Foundational Budget is calculated by the Department of Elementary and Secondary Education (DESE) based on several factors including enrollment, vocational programs, and the community's socioeconomic profile. 
 
The Operating Budget/Appropriation is the Foundational Budget minus the district's indirect costs, transportation costs and crossing guard costs. For FY25 the Foundational Budget is $139,952,638. The District's indirect costs are $19,363,159
 
 
Net School Spending (NSS) is a legal funding obligation for each public school district in Massachusetts. 
The NSS amount is calculated by subtracting the district's indirect costs, transportation costs, and crossing guard costs from the state-calculated foundational budget for each district.
 
Districts not meeting 100% NSS are penalized in the following fiscal year. The average NSS for urban districts in FY23 (the latest available year for complete reporting data) was 113%.