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Treasurer warns of multi‑year shortfalls; superintendent flags state tax changes as risk
Summary
At the Oct. 6 meeting the district presented a four‑year fiscal forecast showing a $2.97 million FY26 deficit and projected deeper deficits through FY29. Staff attributed some increases to an extra payroll and negotiated raises; the superintendent warned that pending state tax changes could further reduce local revenue.
Patricia Boyce, the district treasurer, presented a four‑year fiscal forecast at the Oct. 6 Oregon Board of Education meeting showing a projected deficit of $2,970,000 for fiscal year 2026 and larger deficits in subsequent years.
"You have the $51,500,000 of total revenue, the 54,500,000.0 in expenses for a deficit spending of 2,970,000.00," Boyce told the board as she walked through the community‑friendly forecast and supporting slides.
The forecast projects deficit spending of $2.9 million in FY26, $4.6 million in FY27, $6.9 million in FY28 and about $9.0 million in FY29, and shows the district's ending cash balance moving from roughly…
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