FY14 Budget Update

Hello SSVT Community,

The South Shore Regional School Committee met on Monday night and certified a FY14 Budget that represents  2.36% increase over last year's budget.  The original budget proposed was 4.92%, but in light of economic limitations conveyed by several of our sending communities, the committee opted to reduce the budget by $280,000.

The cuts in the budget avoided core instructional services such as staffing, equipment or supplies. supplies.  Cuts were instead targeted at capital items and funding of OPEB (Other Post Employment Benefits).

Over the next month or so, we will begin meeting with town finance committees to further explain our budget.  The budget process then will move to town meetings, typically held in May or June, where each town votes on its spending for the next fiscal year.

The other important budget process is at the state level.  The state provides aid to all public school districts called Chapter 70 aid.  Final state aid numbers will not be confirmed until the state budget process wraps up in June.

If you have any questions, please let me know!  Thank you.