Cohasset is not going for a Prop. 2-1/2 override for fiscal 2017, which starts July 1, but, in light of the new teachers' contract, is there any way to avoid seeking an override for the following year?
I’d like to begin by thanking the School Committee for their efforts to resolve the teachers’ contract. The work undertaken during the difficult and contentious negotiation process is a testament to their dedication to our students and town. The resulting contract is fair, equitable, and in-line with benchmarking from surrounding communities. Most importantly, it allows Cohasset to attract and retain high quality educators.
The new contractual increases did not require an override in FY16 or FY17 and based on current fiscal forecasts won’t be the cause of an override in FY18. Paying our educators a fair and competitive wage fits within existing fiscal policies and the constraints of Prop 2-1/2. The year-to-year uncertainty in the school’s budget is largely driven by legally mandated special education costs, which increased $245,063 (5.7%) for FY17. We have a legal and moral obligation to educate all students; establishing a Special Education Stabilization Fund at Town Meeting will enable us to better manage these highly variable costs.
Though the teachers’ contract is sustainable within the constraints of Prop 2-1/2, Cohasset needs to think critically about how we continue to pay our educators a competitive wage, while at the same time empowering the School Committee to drive growth in student achievement. Investments made in our educational system pay dividends for our students and everyone in town. An override may not be the answer, but should be one consideration as we work together to identify and balance the priorities of the community. Doing so, while respecting all social and economic circumstances, isn’t an easy task and requires the collaboration of our community, elected officials, and Town Manager to chart a path forward.