"We are pleased to present the School Committee's Approved FY2022 Budget to the community. This budget is the culmination of many steps in the development process, beginning with the School Committee's Budget Workshop on December 1, 2020. Since then, the Superintendent, Central Office team, building principals, and School Committee have been working collaboratively to develop a budget for the 2021-2022 school year. The FY22 School Committee's Approved Budget in the amount of $67,914,184 represents an increase of $2,255,684 or 3.44% over the FY21 budget.
This budget is presented with two focal areas. First, the budget is shaped to support Franklin's Portrait of a Graduate -- the community's consensus of five essential skills each student will practice and develop through their PreK-12+ school experience. Second, the budget prioritizes services and supports for our students who will be returning to school after over a year of a disrupted educational experience as a result of the Coronavirus pandemic. Additionally, we anticipate that new health and safety practices and effective uses of technology will persist in our learning environments. Our budget is also aligned to the district's four strategic objectives: social-emotional well-being of students and staff; rigorous and engaging curriculum; high-quality instruction to meet the academic and SEL needs of each learner; effective two-way communication to support student learning.
The main drivers of the budget include anticipated increases for health insurance premiums and contractual obligations for salaries. Other contributing factors include a slight reduction in the amount of revolving funds used to offset the budget and an increase in other expenses like contracted services, and supplies/materials. Investments to support the social emotional and academic needs of students are prioritized in this budget. The FY22 budget detail also reflects reductions as a result of the recent decision to retire the Davis Thayer Elementary School. Overall, the FY22 budget equates to a Level Service Budget with a reallocation of $1,090,815 to support some strategic investment initiatives that have been identified by the Administrative team. These Investment Initiatives are outlined in detail on the following pages.
The development of the FY 22 budget was a challenge as the FY 21 budget was significantly complicated by the Coronavirus (COVID-19) pandemic. Additional federal aid is expected through FY 22 and is factored into the projections in the detail that follows. FY 22 state aid to the Town of Franklin is not yet finalized, however, we do not anticipate significant changes to this proposal. The forecast for the development of the future budgets will likely present challenges given the continued needs across the district, the local fiscal forecast, and an expected decrease in Coronavirus relief funding in the next few years.
We are thankful for the collaborative work with the Town Council and the Finance Committee. We want to thank the community of Franklin for support in the public education of Franklin's children."
This executive summary can be found on Page 4 of the full budget document
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| Franklin Public Schools: FY2022 Annual Budget - Message to the Community |
Download your copy of the FPS Budget Development and Facts https://drive.google.com/file/d/1SjS8GCvwlhcumoPI17Tjus6bi_paVHsz/view?usp=sharing or view here https://www.franklinps.net/district/school-district-budget
