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With 3 Percent State Aid Cut, School District Faces ‘Challenging’ Budget

BUDGET NEWS – Schools Superintendent John Ravally speaks about the challenges the District faces in creating the Fiscal Year 2026 budget at the February 27 Board of Education meeting.

The school district is facing a certain 3 percent reduction in state aid and an uncertain amount of federal aid in the run-up to creating the Fiscal Year 2026 budget.

Figures released by the state Department of Education on February 27 show Franklin’s total state aid will be reduced by $633,575, from $21,119,162 in FY 2025 to $20,485,587.

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