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

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

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

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

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

6. Enrollment Projections

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

8. 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

9. 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

10. 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!

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