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Officials questioned the use of school utility funds: the minutes say $200,000 was drawn from a utility reserve in FY25 while $4,000 remained in the school budget’s utility line item. The School Committee was asked to clarify whether that budgeted money was also spent, while the Nahant revolving account was reported at $410,000.
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The meeting focused on how Swampscott and its schools share costs, facilities, staff services, and reserves through written agreements. Officials requested more information about the utility reserve and special-education reserve, and discussed revising the agreement governing the Nahant revolving account. The School Committee budget and long-term budgeting discussions were tabled for a future meeting.
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