Operating Budget

The operating budget consists of all appropriations which are designated for sustaining the operations and services the Town of Lexington provides. From education to road and building maintenance, inspections to public safety, collections to recreation, the operating budget outlines where the resources come from and where they go to keep Lexington's government going. 

Information about the FY 2007 Operating Budget will be updated soon. Information about the FY 2006 Operating budget is shown below.

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Total operating expenses in FY 2006 total $126,298,916. 

The operating budget has two major divisions: education and municipal. Of these, the education budget is comprised of three main components, Compensation ($47,204,681), Benefits (including Health, Dental, Life & Medicare, $10,387,000) and Expenses ($11,975,887). All told, the Lexington Public Schools budget for FY2006 is $69,567,568. In addition, Lexington belongs to the Minuteman Regional Technical School District, and has been assessed $887,667 for FY 2006. 

The Municipal Operating budget consists of five main components. These include the same three as the public schools - Compensation ($19,081,465), Benefits ($4,487,302) and Expenses ($8,553,834). The municipal side also includes all three enterprise fund services - Water, Sewer and Recreation ($15,187,017) and finally debt service (both exempt & within-levy, $3,490,750)

For more information, visit the FY 2006 Recommended Budget page, and click on chapters VI through XIII.