TOTAL CERTIFIED UNENCUMBERED EXCESS AND DEFICIENCY: $335,846.00. 

That is the amount listed for Narragansett regional school district for 2016. You can find this information on the MA dls website, under the gateway tab to the right of the website. Look for regional school district excess & deficiency and when you get to the list, scroll down to narragansett and then choose a year and see what was filed. In theory and very practical, it looks like the district has enough "free cash" left over through the years to be able to give back to the two towns that make up the district. The amount of $10,000.00 per town does seem to be out of reach. These funds could be used to help build both town's savings fund which in turn would result in better financial health for both towns. That usually results in better interest rates for the town's borrowing to benefit the schools. It is also possible that this action would put taxpayers in a better position or mood to support the schools better, from a financial stand point. That is my thought, anyway.


posted by Jeff Bennett