Friday, February 27, 2009
CCHS receives additional state aid
At the Concord-Carlisle Regional School Committee (RSC) meeting on February 24, Deputy Superintendent of Finance and Operations John Flaherty announced that the regional high school will receive an additional $216,290 in state aid this year.
Flaherty proposed that the FY09 operating budget be increased by $216,290 so the total budget for the high school would be $21,597,622. He noted that the Concord-Carlisle Regional High School (CCHS) “FY09 operating budget was developed on the assumption that Chapter 70 and Regional Transportation funding levels would be equal to the final FY08 levels.” Since the actual FY09 state aid will be higher, the RSC discussed options for the use of the additional funds.
The RSC has approved an FY10 budget that will result in an assessment to Carlisle $86,000 above Finance Committee guidelines. It was suggested that $139,000 of the $216,290 be reserved to decrease FY10 assessments to the Towns of Concord and Carlisle, lowering Carlisle’s $86,000 shortfall to roughly $46,000.
The remaining $77,230 in new state aid will be put into the regional school district’s Professional Contingency account, and be available for eventual inclusion in the Excess & Deficiency (E&D) account. (See related articles on CCHS funding on pages 1 and 6.) ∆
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