The Up-Island Regional School Committee rescinded and re-certified its fiscal year 2024 budget on Wednesday during a meeting with Martha’s Vineyard Public Schools business administrator Mark Friedman. The original budget was certified on Dec. 22, 2022, but Friedman informed the committee Wednesday that it could be reduced by approximately $29,000. The re-certification comes after monthly […]
Members of the All-Island School Committee went over the Islandwide shared services budget for FY24 at Wednesday’s meeting, but will gather more information before finalizing and approving it at a follow-up meeting. According to school business administrator, Mark Friedman, one earlier version of the shared services budget that was distributed to school committee members represents […]
The Martha s Vineyard Times
West Tisbury considers $300,000 Proposition 2½ override
Budget uncertainties, lack of flexibility, and use of free cash necessitates higher override amount.
West Tisbury is looking at a $300,000 override in order to keep from cutting it too close on the budget.
In order to build reserves in the townâs budget, West Tisbury selectmen are considering a $300,000 Proposition 2½ override.
At a meeting of the West Tisbury board of selectmen Wednesday, town accountant Bruce Stone said the financial management team recently conducted a review on the projection for the tax levy next year.
He said that at that point in time, the town was looking at an approximately $300,000 override. Since that time, Stone said, selectmen agreed to reduce several warrant articles through the use of stabilization funds for a total of $100,000. Additionally, altered premiums from the Cape Cod Municipal Health Group allowed the town and the schools to drop
Up-Island schools certify over $13 million budget
Contractual and health insurance agreements along with shared service contributions make up large part of budget increases.
The Up-Island Regional School District certified their approximately $13 million expense and assessment budgets for FY22 during their meeting Monday.
The Up-Island Regional School District (UIRSD) certified approximately $13 million expense and assessment budgets for FY22 during the school board’s meeting Monday.
In the fifth draft of the budget, UIRSD committee chair Alex Salop said the line items in both the general operating budget and the assessed budget had been carefully combed through by school officials, and all were deemed to be “absolutely necessary” in order to continue providing the expected level of service to students. “We largely trust our school heads and principals to make the right decisions on what is needed on a line item basis,” Salop said.