Middletown schools report small surplus but warn baseline budget would rise 5.21% Finance staff reported a current surplus of $301,403 on a $103,149,889 budget and a projected January salary surplus of $252,231. The superintendent said the district baseline (doing nothing) would result in a 5.21% operating increase, and warned that lower figures would likely require program cuts.

Middletown schools report a surprising $301,403 surplus, but brace for a potential 5.21% budget hike that could mean tough decisions ahead!

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