Lincoln's final budget proposal does not reduce school funding

Lincoln's final budget proposal does not reduce school funding

LINCOLN - Contrary to the proposal by the town administrator, the Fiscal Year 2014 budget that has been submitted for voter approval at the Financial Town Meeting does not include a reduction to the school's maintenance of effort.

Instead, Budget Board Chairman Carl Brunetti said the school's budget is level-funded, so they will get $49,609,961 from the town this year.

That is an increase of $1,092,883, or 2.25 percent, from last year.

The budget will be voted on at the FTM on Monday, May 13, at 7 p.m. in the Lincoln High School auditorium.

The municipal operating budget is $18,954,019, an increase of $870,638, or 4.81 percent. Capital resolutions for the town total $2,484,558, and those for schools total $1,219,374.

Find out more about the budget, the discussions surrounding MOE and a list of the capital expenditures by reading the E-paper edition.


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