FY 25 Budget Update
Dear North Reading Public Schools Community, Last evening, Assistant Superintendent of Finance and Operations, Michael Connelly, presented the preliminary budget for FY25. Similar to prior years we presented a modified level service budget, which includes all of the positions and spending that would provide the same level of services for students that we provided this year. In addition there are some new positions and initiatives that are included in the modified level services budget that are a part of our strategic plan, including our goal of eliminating the tuition associated with full day Kindergarten. As Mr. Connelly states, "The fiscal year 2025 recommended budget for the school department is currently $40,679,524. This represents a 9% or $3,359,929 increase over fiscal year 2024 and is currently significantly greater than what the Town has available to fund both school and town budgets for fiscal year 2025. The budget gap to achieve the Superintendent’s proposed recommend...