Schools
Preliminary School Budget Has Small Surplus, Includes A Few New Positions
|
The Watertown Public Schools budget forecast for Fiscal Year 2025 would provide the district with a small surplus. The budget for the current school year is $57.58 million, and when adding the 3.5 percent increase budgeted by City Manager George Proakis (about $2 million) the budget for the 2024-25 school year will be $59.6 million, Superintendent Dede Galdston told the School Committee last week. That would provide a surplus of $75,138. Most of the budget, about 85 percent, falls under personnel, said Lisa Gibbons, the district’s Director of Finance and Operations. Galdston said the figures are for a “level services budget.”