Schools

7.15 Percent School Budget Increase Approved In Monroe: Report

School officials said they do expect the final number to decrease due to anticipated savings as the year progresses, the Monroe Sun reports.

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The Board of Education has approved a $72.5 million spending plan for fiscal 2024-25, which includes a 7.15 percent increase​, according to the Monroe Sun.
The Board of Education has approved a $72.5 million spending plan for fiscal 2024-25, which includes a 7.15 percent increase​, according to the Monroe Sun. (Patch graphic)

MONROE, CT — The Board of Education has approved a $72.5 million spending plan for fiscal 2024-25, which includes a 7.15 percent increase, according to the Monroe Sun.

However, that final number could be reduced up to $1 million due to anticipated savings, especially in health insurance.

The biggest reason cited for the increase is that about $700,000 in federal funds is set to lapse and must now be absorbed in the regular budget, the Monroe Sun reported. The funds have helped to cover several staff positions.

Find out what's happening in Monroefor free with the latest updates from Patch.

The approved budget still needs further review by town officials before it is final.

>>>Read an in-depth article by the Monroe Sun on how the funds will be spent.

Find out what's happening in Monroefor free with the latest updates from Patch.

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