Pinkerton Academy’s three contracted towns will see some tuition savings.
The three sending towns — Derry, Hampstead, and Chester — will see savings for the school year 2012-2013. The refunds were applied against the town’s tuition payment costs for the current school year.
Derry received a $22,401 refund; Hampstead got $24,144 and Chester received $29,360.
Glenn Neagle, Pinkerton’s finance administrator, said the school was able to reduce regular education costs by $372,493, resulting in the tuition credits to the three towns. That was despite running a deficit in the high school’s special education programs at a total of $296,588.
Neagle said the special education deficit was due mainly to a decrease in revenue because of lower than projected enrollment numbers.
The regular education surplus was the result of savings on utility expenses and departmental budget reductions.
“Each department is doing a wonderful job being creative and looking for ways to reduce costs,” Neagle said.
Pinkerton treasurer James Mulrennan said he was happy about the refunds.
“It is Pinkerton’s goal to continue to offer a quality education with sound fiscal management and we are doing it,” he said.