The Gilbert Public Schools Board Meeting on September 9, 2025, highlighted significant budget revisions that could impact the district's financial landscape. The board discussed the newly adopted budget forms from the state, which included a notable increase in the weighted student count, resulting in a $520,000 boost to the revenue control limit.
The revised budget reflected a correction in data entry related to free and reduced lunch programs and gifted education, leading to an increase of 100 in Average Daily Membership (ADM). This adjustment, along with the inclusion of Proposition 123 funds, contributed to a total increase of $2.52 million in the Maintenance and Operations (M&O) budget, bringing the total to approximately $34 million.
Additionally, the board addressed unrestricted capital funding, which saw a one-time increase of $750,000 due to previously omitted state aid. The total unrestricted capital budget now reflects this adjustment.
The meeting also touched on the addition of federal funds for the Reserve Officers' Training Corps (ROTC) and systemic school improvement programs, correcting the budget to include these previously unaccounted resources.
These budget revisions are crucial as they not only reflect the district's financial health but also ensure that necessary programs and services for students are adequately funded. The board's conservative approach during the initial budget adoption has allowed for these adjustments, setting a positive tone for the upcoming school year.