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Central 301 board adopts final fiscal 2026 budget after minor fund adjustments
Summary
The Central CUSD 301 Board of Education approved the district's final fiscal year 2026 budget after staff described routine reclassifications and updates; the education fund netted a $161,000 increase after a $170,000 Medicaid reimbursement was added to revenues.
The Central CUSD 301 Board of Education on Tuesday approved the district's final fiscal year 2026 budget after staff described a set of routine adjustments that left the district with a positive fund balance across all funds.
District staff told the board the education fund saw a $170,000 increase in revenues tied to a Medicaid claim from fiscal 2023 and a $331,000 increase in expenditures from salary and curriculum adjustments, producing a net change of about $161,000. "On the revenue side, the only change that we had was for the education fund for, $170,000 difference, for an increase for a Medicaid claim," a staff member said during the budget hearing. "Total change for the education fund was $331,000 increase on the expenditure…
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