lunenburgbudgetproject.org — written by the Lunenburg Budget Project, an independent tool for residents. Not affiliated with the Town of Lunenburg, the School Committee or the school district. The data this page is computed from: /data/topics/projected-gap.json
Run forward on our assumed rates, the schools are $932,664 short in FY2028 and $4,675,101 in FY2033.
Projected school gap by yearour estimate
Gap that year (ours)New that year (ours)
Gap that year (ours)
New that year (ours)
FY2028
$932,664
$932,664
FY2029
$1,535,262
$572,745
FY2030
$2,205,125
$621,051
FY2031
$2,947,714
$672,934
FY2032
$3,768,921
$728,680
FY2033
$4,675,101
$788,595
Each year’s gap includes the years before it; the second bar is the part that is new.
1 · The facts
$26,572,288
the school budget, FY2027, as adopted
$932,664
projected gap, FY2028 (ours)
our estimate
$1,535,262
projected gap, FY2029 (ours)
our estimate
$572,745
of it new in FY2029 (ours)
our estimate
$4,675,101
projected gap, FY2033 (ours)
our estimate
4.0% a year
salary growth, assumed (ours)
our estimate
9.0% a year
health insurance cost growth, assumed (ours)
our estimate
—
a published FY2028 school budget
not published
2 · What it shows
1
Each year’s gap holds the last: $572,745 of FY2029’s $1,535,262 is new that year.
2
It assumes salaries grow 4.0% a year and health insurance 9.0% a year; both are ours.
3
No board has published an FY2028 figure; this is our arithmetic on FY2027’s budget.
The projection, year by year (ours)
Download·
Year
Level service cost
Revenue for the schools
Gap
New that year
FY2028
$28,361,400
$27,428,736
$932,664
$932,664
FY2029
$29,841,940
$28,306,678
$1,535,262
$572,745
FY2030
$31,411,781
$29,206,656
$2,205,125
$621,051
FY2031
$33,076,943
$30,129,229
$2,947,714
$672,934
FY2032
$34,843,891
$31,074,970
$3,768,921
$728,680
FY2033
$36,719,566
$32,044,466
$4,675,101
$788,595
Our projection from the FY2027 adopted budget, at the rates model.json assumes.