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Posts published in “Budgets”

School Committee and Superintendent continue community engagement with Q&A sessions, meetings

Following the week of February 12, when Superintendent Anna Nolin, School Committee Chair Chris Brezski, and Mayor Ruthanne Fuller conducted a presentation and discussion for Newton’s City Council regarding next steps for the Newton Public Schools (NPS) after agreeing to the recent contract with the Newton Teachers Association (NTA), the…

Committees approve NPS Educational Stabilization Fund and $22M funding

The Finance Committee met on Monday and voted to establish an NPS Educational Stabilization Fund and fund it with $22 million (see NewTV video). Chief Finance Officer Maureen Lemieux presented the item to the Finance Committee and explained that the impetus to create the fund began when the City accumulated a…

McGlothlin: Issue a Pension Obligation Bond to fund schools and other City services

Newton will contribute $43.5 million to its pension plan in fiscal year 2024, $37 million of which (7.4% of budget) to fund our $300 million pension deficit by FY2032. Pension contributions will grow 6.6% per year, far outpacing growth in revenues. Without adjustment, the budget share going to pension contributions…

City budget and NPS/NTA negotiations: Discussion with David Helfman

Fig City News recently spoke with David Helfman, a Newton resident with significant experience in labor strike negotiations, advising unions on collective bargaining packages, as well as serving as a trustee on pension funds. The notes from this discussion are condensed for this article.  FCN: You have a background serving on…

School Committee and Mayor each publish answers to Frequently Asked Questions about the Teachers Strike, negotiations, and City finances [UPDATED with statements by Superintendent and NTA]

On the morning of January 28, the School Committee and Mayor Ruthanne Fuller each published detailed Frequently Asked Questions (FAQ) documents responding to questions about the Teachers Strike and City finances. NPS and SC Frequently Asked Questions, issued by the School Committee, addresses 21 questions in a Google Doc that…

Yeo: Clarifying information about use of ARPA and CARES funds for NPS

Regarding comments by NTA President Mike Zilles about Mayor Fuller’s designation of federal pandemic funds for Newton Public Schools (NPS), I’d like to clarify the information. Mayor Fuller invested over $28 million of federal American Rescue Plan Act (ARPA) and CARES funds, approximately 40% of the City’s total, in the…

NTA President Mike Zilles responds to Matt Hills’ analysis

On Tuesday, January 22, Newton Teachers Association President Mike Zilles sent Fig City News this response to the analysis that former Newton School Committee Chair Matt Hills had provided to Fig City News the previous day.

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