School Dept. ends FY25 with small surplus

NORTH READING — The School Department finished FY25 with a surplus of $862.89, representing the difference between the budget of $39,171,090 and an expenditure of $39,490,019.

Additionally, $31,088 remains “committed” but unspent.

“We experienced a smooth and successful close out of Fiscal Year 2025,” wrote Assistant Superintendent for Finance and Operations Michael Connelly in his…

 

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