Budget Committee Meeting - June 22, 2026

The Middletown Stream Budget Committee held a meeting on June 22, 2026, primarily focused on reviewing the financial status of the school district's budget. Finance Director Natalie Ford presented a detailed financial report highlighting a modest surplus of $446,849, driven largely by projected salary surpluses in certified, classified, and paraeducator categories. The committee discussed budget line items including legal services, repairs and maintenance, transportation costs, and utility expenses, noting a request for an additional $20,000 to cover legal services through the fiscal year. The committee also reviewed the use of unexpended balances from prior years, including funds allocated for the removal and replacement of oil tanks. Vendor selection processes for transportation and maintenance services were briefly discussed, emphasizing cost and reliability. Additionally, the committee received updates on a memorandum of understanding between the Board of Education and the city, which includes capital infrastructure funding and general operating funds. No new transfers or major procurement contracts were reported during this meeting.