FY 2007 Budget

 

Revised Office of the Superintendent’s Budget

July 5, 2006

 

At the Thursday, June 22, 2006 Board of Education meeting, Acting Superintendent Christopher Hottel and his executive team proposed a revision of the FY 2007 $85.7M Board of Education-approved budget to meet the FY 2007 $81.3M Board of Aldermen-approved budget.  The BOE approved the revision.

 

To meet budget demands and to restore, if possible, positions that had been eliminated from the initial budget, the executive team reviewed extensively again all line items and staffing.  The revised budget adjustments tapped limited resources to meet the demands of the budget and, combined with retirements and resignations, allows to date the re-hiring of all but 7 professional staff members who wish to continue employment with the Nashua School District. 

 

Click here for a list of the $4.3M adjustments to the $85.7M budget.

 

Essentially the newly revised budget includes a reduction of 47 positions, substitute teacher funds, pay reserves, anticipated electricity cost savings, school allocations, curriculum development materials, transportation for special education students, computer equipment, out-of-district court-ordered placements of students with special needs, overall special education costs, athletics, plant operations, and the tapping of more than $500K in escrowed funds, as approved June 28, 2006 by the Board of Aldermen.

 

The final Board of Education-approved budget totals $81,341,428, which is $2.54M less than the FY 2006 Nashua School District budget.

 

A table of contents to additional detailed information gathered during the FY 2007 budget process is available as well as the originally-approved FY 2007 Board of Education budget.

 

Questions regarding the FY 2007 Nashua School District budget should be directed to either Superintendent Christopher Hottel at hottelc@nashua.edu or Chief Operating Officer James Mealey at mealeyj@nashua.edu.