MILFORD — The school system took steps to balance its budget books this week.
“We come before you to request these transfers in order to balance the accounts,” said
More … than
“There was very little unemployment,” Richetelli said. “As you know, we had a labor shortage. So there were very few people who were unemployed, and therefore the surplus of that account.”
Richetelli said he resumed field trips in March, but for much of the year there were no field trips, which left the account with a surplus of around
The last three excess accounts were related to tuition fees and totaled more than
“We’ve budgeted all of this for the typical number of students who are either allowed into the program or typically attend,” Richetelli said. “We believe that due to the pandemic, more students have decided to stay in
There was almost
MPS had a deficit of approximately
“We’ve had 16 teacher retirements, and we normally expect 18, so we’ve had a little less there,” Richetelli said.
However, Richetelli pointed out that there were a significant number of janitors, maintenance workers, secretaries and paraeducators who retired this year.
“The main reason is that the health insurance changes in the contract,” he said. “We spoke to the board when you ratified the contracts that we were moving employees from the traditional PPO to the HDHP programs, and this year in their contracts they had to either take the new program or pay the difference between both., which is extremely expensive. So, rather than doing this, some employees were of legal age and did not want to change their health insurance, so they decided to retire.
Richetelli said they exceeded the funds they had budgeted in the legal accounts, which resulted in a deficit of almost
The largest deficit was recorded in the heating and natural gas utilities account, reaching nearly
“The total utility deficit this year was