Budget Forum - Wed. February 8, 2023 - 7:00 p.m.
On Wednesday, February 8, 2023, the Newton Public Schools held an important forum on the 2023-24 (FY24) school year budget. This budget discussion included information on the proposed operational override and its impact on the FY24 budget.
The evening included a short presentation and then an opportunity for questions and answers. The event was live-streamed on NewTV. You may view it via the link below:
NewTV Recording - NPS Forum on the FY24 Budget and Override Impact
2023 Override Proposal
This fall, the City of Newton proposed three ballot questions to provide additional funding for public projects and operations. Newton City Council subsequently voted to place the two debt-exclusion questions and one override question before the voters of Newton. The questions will be decided upon by Newton voters on Tuesday, March 14, 2023.
Funding proposed in the debt-exclusions and the override is directed to the Newton Public Schools in three ways:
Override (Permanent increase in the levy limit of the city, beyond the allowable 2.5 percent)
- $4.5 million to NPS operating budget to sustain the current level of service and programming.
- $775,000 to Horace Mann Elementary for building addition
Debt-exclusion (Temporary tax increase to fund building projects. Once complete, the tax increase ends.)
- Countryside Elementary School Building Project - $2.3 million
- Franklin Elementary School Building Project - $3.5 million