Milton Finance Subcommittee meeting to take place October 2

The Finance Subcommittee of the Milton School Committee is scheduled to meet on Wednesday, October 2, 2024, at 8:00 a.m. via Zoom to discuss critical financial matters concerning the district’s upcoming fiscal year. The meeting will take place online, and community members can join using the Zoom link: https://miltonps-org.zoom.us/j/93719510583, or dial in via phone at 1-929-205-6099, with Meeting ID: 937 1951 0583.

Agenda highlights

The meeting will begin with a call to order, followed by discussions on old business topics, particularly addressing FY25 Budget Gaps and reviewing the district’s Budget Planning Calendar. The committee aims to assess any existing financial shortfalls and propose strategies to mitigate them in preparation for the upcoming fiscal year.

Focus on budget offsets

A key part of the agenda includes a report from the Assistant Superintendent, who will provide an overview of the Budget FAQ document and offer insights into budget offsets—an essential tool for balancing the district’s finances. Specifically, the committee will examine the revenue offsets already assigned to the FY25 budget and consider potential modifications for FY26. Additionally, the meeting will explore potential changes to district fees in response to these offset mechanisms.

Coordination and next steps

New business will address committee coordination, ensuring that different teams within the committee are aligned on the district’s budgetary goals. The committee will also vote on previous meeting minutes, discuss the next meeting date and agenda, and conclude with a vote to adjourn.

Community members are encouraged to attend this virtual meeting to stay informed on the budget planning process and any future modifications that may affect school fees and financial allocations.

For additional information, the public can visit the Milton Public Schools website or join the Zoom meeting to stay updated on discussions and decisions impacting the school district’s financial planning.

Meeting details:

• Date: October 2, 2024
• Time: 8:00 a.m.
• Zoom Link: https://miltonps-org.zoom.us/j/93719510583
• Dial-in Number: 1-929-205-6099
• Meeting ID: 937 1951 0583