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 FY25 operational budget/appropriation request for $120,589,479 was presented to City Council on June 11, 2024.

January 2024 May 2024 June 2024 April 2024 Governor Releases Budget TPS Preliminary Budget Presentation based on Governor’s Budget House Releases Budget TPS Budget Presentation based on House Budget Senate Releases Budget TPS Budget Presentation based on Senate Budget Governor’s, House and Senate Budgets Reconciled and finalized TPS Finalizes Budget with City Council and Budget Hearing Presentations Budget Timeline

FY25 Budget Important Dates June 5 Public Budget Hearing Elizabeth Pole Elementary Library 6:00 p.m. June 11 City Council Presentation City Hall City Council Chambers 6:00 p.m.

Budget at a Glance

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%

FY25 Preliminary Budget Presentation to City Council: June 11, 2024

FY25 Preliminary Budget Hearing: June 5, 2024

FY25 Preliminary Budget Presentation House Ways and Means: May 15, 2024

FY25 Preliminary Budget Presentation: April 3, 2024

FY25 Budget Frequently Asked Questions

What is Chapter 70 Funding?

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.

What is the Foundational Budget and How is it Different from the Operational/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

What is Net School Spending?

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%.