2024-25 School Budget Update
2024-25 School Budget Update This week I would like to share some very important budgetary updates from the North Reading Public Schools in order to clarify some commonly asked questions we have heard in the community. What are the budget drivers for the school budget for the school year 2024-25 and beyond? Like all school districts, the majority of our budget is comprised of contractual salary obligations, which make up 83% of our total budget. This includes steps, lane movements, and longevity increases for eligible staff in the North Reading Public Schools and factors in savings through turnover based on historical trends. Another major driver is the cost of Special Education services both in-district and out-of-district, including transportation for students to outside placements. The tuition prices for many out-of-district providers has increased at a significant rate in recent years, and the number of students needing services has also continued to rise. Our operation...