Boxborough News: Boxborough Finance Committee Meets with ABRSD Superintendent To Discuss FY2026 Budget and Beyond
At its meeting on February 25, the Boxborough Finance Committee (FinCom) met with Peter Light, Superintendent for the Acton Boxborough Regional School District (ABRSD), and members of the ABRSD School Committee to discuss the district’s preliminary budget of $116,791,164 for fiscal year 2026. Boxborough’s share of the budget would be $16,824,370, a 5.41% increase over last year.
The regional agreement between Boxborough and Acton stipulates how the district budget is allocated between the two towns. Currently, the allocation is calculated using a three-year rolling average based on enrollment. During the last seven years, Acton’s enrollment has declined by 568 students and Boxborough’s enrollment has increased by 34 students, which means an increased assessment for Boxborough.
Light explained that in order to maintain “level services” over the next three years, the district is looking at a 5.25% to 5.5% increase in the budget year over year. Some of the budget drivers include a projected 15% increase in the cost of health insurance; capital needs at the Parker Damon building and the Junior High school; increasing costs of utilities; and collective bargaining wage negotiations scheduled for next year.
This article has been condensed for print. Read the full version of this article at www.BoxboroughNews.org. Subscribe to the free weekly newsletter from Boxborough News at https://www.boxboroughnews.org/subscribe.
The regional agreement between Boxborough and Acton stipulates how the district budget is allocated between the two towns. Currently, the allocation is calculated using a three-year rolling average based on enrollment. During the last seven years, Acton’s enrollment has declined by 568 students and Boxborough’s enrollment has increased by 34 students, which means an increased assessment for Boxborough.
Light explained that in order to maintain “level services” over the next three years, the district is looking at a 5.25% to 5.5% increase in the budget year over year. Some of the budget drivers include a projected 15% increase in the cost of health insurance; capital needs at the Parker Damon building and the Junior High school; increasing costs of utilities; and collective bargaining wage negotiations scheduled for next year.
This article has been condensed for print. Read the full version of this article at www.BoxboroughNews.org. Subscribe to the free weekly newsletter from Boxborough News at https://www.boxboroughnews.org/subscribe.