10/20/2025 Annual Town Meeting - Laserfiche WebLink

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Motion: I move the Town vote to approve Article 1 as printed in the warrant, with the exception of the phrase “or take any other action relating thereto.” Motion passes 303 to 10 at 7:17PM Article 2 To see if the Town of Mashpee will vote to accept the provisions of Chapter 40, Section 13E of the Massachusetts General Laws to establish a Special Education Reserve Fund, consistent with the vote of the Mashpee School Committee, to be utilized upon adoption by the Town and in subsequent ﬁscal years, for the general purposes of funding, without further appropriation, unanticipated or unbudgeted costs of special education and recovery high school programs, out-of-district tuition or transportation, all as provided by law; provided, however, that such funds shall be expended only with the approval of a majority vote of the School Committee and a majority vote of the Select Board; and provided that the balance in such reserve fund shall not exceed two (2) percent of the annual net school spending established for the school district; or take any other action relating thereto. Submitted by the Mashpee School Committee Explanation: Due to the volatility in funding required year-to-year for providing special education services, the Special Education Reserve Fund (“Reserve Fund”) was created by the Municipal Moderation Act (Chapter 218 of the Acts of 2016) and the Reserve Fund is governed by MGL Chapter 40A, Section 13E. Any school district which accepts this section, by a majority vote of the School Committee and a majority vote of the legislative body at Town Meeting, may establish and the School Committee may appropriate or transfer money to a Reserve Fund to be utilized upon adoption and in upcoming ﬁscal years, to pay, without further appropriation, for unanticipated or unbudgeted costs of special education and recovery high school programs, out-of-district tuition and/or transportation. Funds shall only be distributed from the Reserve Fund after a majority vote of the School Committee and a majority vote of the Select Board. The Town Treasurer may invest the monies in the Reserve Fund in the manner authorized in Section 54 of MGL Chapter 44 and any interest earned thereon shall be credited to and become part of the Reserve Fund. The Reserve Fund balance shall not exceed two (2) percent of the annual net spending of the Mashpee School district, which would be equivalent to approximately $522,286 for FY 2026. The Reserve Fund will be funded through the allocation of unused school funds at the end of the ﬁscal year in an amount to be determined by the School Committee. Any balance in the Reserve Fund can be carried forward to future ﬁscal years and remains in the Reserve Fund until needed and expended. The Select Board recommends approval of Article 2 by a vote of 5-0 The Finance Committee recommends approval of Article 2 by a vote of 6-0 Motion made by Select Board Member Cotton Motion: I move the Town vote to approve Article 2 as printed in the warrant, with the exception of the phrase “or take any other action relating thereto.” Motion passes 313 to 30 at 7:18PM