School District Capital Outlay Fund Sees $3.3M Increase Reaching $8.9M Total

The Brandon Valley Annual Budget Hearing held on July 21, 2025, focused on significant financial updates for the upcoming fiscal year. The meeting highlighted key increases in various funds, reflecting the district's financial planning and priorities.

The Capital Outlay Fund saw a substantial increase of $3.3 million, bringing the total to $8.91 million. This represents a notable 60% rise compared to the previous year, attributed to lower expenditures in the prior fiscal period. The Special Education Fund also experienced growth, with an increase of $175,000, totaling $11.15 million, marking a 2% rise.

Additionally, the Bond Redemption Fund increased by $100,000, reaching $3.4 million, while the Food Service Fund saw an increase of $84,000, totaling $4.11 million in expenses.

These budget adjustments indicate a proactive approach to funding essential services and programs within the district. The meeting underscored the importance of these financial decisions as the district prepares for the upcoming year. Further details on revenue projections were also discussed, emphasizing the overall financial health of the Brandon Valley School District.