DOVER-SHERBORN REGIONAL SCHOOL BUDGET – FY18 March 20, 2017

The Dover Sherborn Schools share in the mission to inspire, challenge and support all students as they discover and pursue their full potential.

Budgetary Focus Review & revise educational services Evaluate & maintain facilities Remain fiscally responsible & mindful of financial constraints Comply with Federal & State mandates Fund contractual obligations

Town Guidance Overview Dover: Level Services Sherborn: Level Funded with reserve for new initiatives and healthcare

FY 18 Budget Drivers Enrollment remains constant for the foreseeable future Healthcare & related benefits are 50% of the FY18 increase Collective bargaining & contractual obligations

Enrollment Projections

FY18 New & Needed Educational Services Life Skills Program to support students using an in-district model (HS age to age 22) +1 SPED teacher Language Based Program support based on IEPs, in-district model at the HS +1 SPED teacher Shared BCBA SPED position for aligned service delivery +0. 1 teacher at DSMS/HS Transition Program to support student re-entry after a prolonged absence +1 Educational Assistant

Dover Sherborn Regional Schools FY 18 BUDGET- STATUTORY ASSESSMENT   FY17 FY18 Variance % Operating Dover $10,610,529 $11,235,560 $625,031 5.89% Sherborn 8,656,415 8,913,906 257,491 2.97% $19,266,944 $20,149,466 $882,522 4.58%% Debt 714,264 581,415 (132,849) -18.60% 564,176 444,552 (119,624) -19.75% $ 1,278,440 $ 1,025,967 ($ 252,473) (9.93%) 11,324,793 11,816,976 492,183 4.35% 9,220,591 9,358,457 137,866 1.50% Total $20,545,384 $21,175,433 $630,049 3.07% , 8 8

FY18 Revenue Projections Town Assessments $21,175,433 E & D 137,290 Revenues 2,462,112 Revolving Account Offsets 330,750 Total Projected Revenue $24,105,585 Total Budget Appropriations $24,105,585

FY18 Community Investment Community financial support $300,000+ Boosters, DSEF, FOPA, POSITIVE, PTO, Mudge Foundation, Needham Bank, other company & private donations Thanks to the many supporters within our community!

We thank community members for their support to educate the students of Dover and Sherborn.