FOR IMMEDIATE RELEASE
October 21, 2009
BOSTON – Yesterday the Massachusetts Legislature passed legislation as part of the FY09 deficiency budget that will allow the Nashoba Regional School District to use its reserve funds for operating expenses over the course of the next four fiscal years. This will help the school district to better handle budget shortfalls and prevent dramatic cuts in school services in this difficult fiscal climate.
The legislation was passed after months of concerted, coordinated effort on the part of the legislative delegation that represents the Nashoba Regional School District. Senator Jamie Eldridge (D-Acton), Senator Jennifer L. Flanagan (D-Leominster), Representative Kate Hogan (D-Stow), and Representative Jennifer Benson (D-Lunenburg) all worked together to help the involved parties reach an agreement and convince House and Senate leaders to include the legislation in yesterday’s deficiency budget.
The legislation represents an agreement between the school district, the Department of Revenue, and the legislature that the Nashoba School District has passed its period of financial difficulty. Previously, the school district had been required to keep large reserves after financial mismanagement caused the state to appoint a financial intervener in the school’s affairs in 2002. The increase in the operating budget will allow the school district to mitigate budget shortfalls and any potential funding cuts during a difficult fiscal climate.
“As legislators, our role is to be strong advocates for the needs of our local communities. This legislation, which will help preserve the quality of education in the Nashoba schools, is an example of the sometimes-hidden work we do every day to support our local school districts, towns and cities,” said Senator Eldridge.
Representative Hogan, who represents Bolton and Stow, added, “I am proud that this practical legislation has passed. It means a great deal to the Nashoba schools, and through the schools to our communities. It makes sense that the district, after having proved itself financially capable, be allowed to use their own funds for the good of their students.”
Stated Senator Flanagan, “Especially in these trying times, it is imperative that the school district have every dollar possible to succeed. They are back on stable financial footing and certainly have learned from the past. I am happy to support this legislation, as it symbolizes Nashoba’s recovery.”
“This legislation will remove an unnecessary budgetary constraint from Nashoba Regional School District, allowing the district to better serve students in this difficult time,” said Representative Benson. “Nashoba has done a great job turning around their financial difficulties.”
The FY09 deficiency budget now heads to the Governor’s desk where it awaits his signature.