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MSAD #51 Cumberland ★ North Yarmouth
Board of Directors » Budget

Budget

FY 26

Calendar
Thursday, March 20 School Board Budget Workshop
Thursday, April 3 Public Hearing on Proposed Budget
Thursday, April 17 School Board Adopts FY 26 Budget
Thursday, May 8
District Budget Meeting - registration at 6:30 PM; meeting begins at 7:00 PM
(you must be present to vote)
Tuesday, June 10
Public Validation Referendum
(at town polling locations)
 
Documents
Quarterly Reports:
Quarter 1 Report
 
Presentations:
FY 25 District Budget Meeting Presentation (5.9.24)
FY 25 Budget Summary Presentation (4.22.24)
FY 25 Budget Workshop Presentation (3.18.24)
FY 25 Budget Presentation Breakdown
FY 25 Budget Presentation
FY 25 Budget Presentation (Video)
 
Documents:
FY 25 Budget Summary Transmittal Letter
FY 25 Board Adopted Budget (4.29.24)
FY 25 State of Projected Revenues, Expenditures and Assessment (4.29.24)
FY 25 11 Cost Centers Summary (4.29.24)
FY 25 Warrants
Voters Guide for the District Budget Meeting
Documents:
FY 24 Adopted Budget
FY 24 State of Projected Revenues, Expenditures and Assessments
FY 24 11 Cost Centers Summary
 
FY 23 Budget
FY 23 Warrant Articles
To be uploaded.
FY 21 Budget
 
FY 20 Budget
FY 20 Warrant Articles

Annual Financial Reports

 
The Board recognizes that financial resources and the proper management of same are fundamental to the support of school programs and operations. With this in mind, the Board will develop and present an annual operating budget as directed by applicable laws. The annual budget will be for a 12-month period covering the fiscal year July 1 through June 30. The Board shall designate the Superintendent as its budget officer, but he/she may delegate portions of such responsibility as appropriate. The three general areas of responsibility of the budget officer are budget preparation, budget presentation and budget administration. Adoption of the annual budget is to be accomplished prior to June 30 for the fiscal year beginning July 1.
 
The budget shall include, in addition to operating expenses and expected income for the ensuing year, the sums required for meeting bonds falling due, interest on the bonds and on other obligations, rentals and other fixed charges. These proposals shall be thoroughly explained and the voters shall be given an opportunity to be heard. Only those amounts pertaining to operating expenses, reserve or contingency funds, or capital outlay expenditures shall be subject to change by the voters.