Town Meeting Warrant Article of the Day: Article 16: North Andover Public Schools – FY25 General Fund Budget Adjustment

Warrant Article of the Day

 

As we ready for Town Meeting on May 13, 2025, the Town will be presenting information every day on different warrant articles.

The full warrant can be found here:  https://drive.google.com/file/d/1apqsGCynKuAbeG_joJnlRc1VtGlb2mc9/view?usp=sharing

 

Article 16:  North Andover Public Schools – FY25 General Fund Budget Adjustment

 
The North Andover Public Schools are currently projecting a budget deficit of $4,083,000.  This deficit is due to many different factors as will be discussed at Town Meeting.   The North Andover Public Schools is requesting $2,300,000 to be transferred from Free Cash to the FY25 Operating budget in order to offset the deficit.  This transfer is very important because without this transfer the Town would end up in an appropriation deficit, which would gravely impact the FY26 budget as well as our Free Cash calculation.  The School Administration has worked through the entire budget in order to make certain this deficit is not carried into FY2026.
 
 
 
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