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Board approves first revision to fiscal‑year‑2026 budget after public hearing with no speakers
Summary
After a public hearing with no public speakers, the board adopted Budget Revision No. 1 for FY26. Finance Director Lisa Tatel described a roughly $191,000 increase in maintenance and operations funding due to the state replacing Proposition 123 add‑on funding and explained carryforward and DAA/M&O transfer adjustments.
The Catalina Foothills School District Governing Board held a public hearing on the district's first fiscal‑year‑2026 budget revision; no members of the public spoke during the hearing. Following the hearing, the board approved Expenditure Budget Revision No. 1 by unanimous vote.
Lisa Tatel, the district's director of finance, presented the revision and walked the board through the packet. She said the cover sheet shows an increase of about $191,000 in the maintenance and operations (M&O) fund, primarily because the State of Arizona is funding the $75,000,000 add‑on that had previously been provided by Proposition 123. "The state is now covering the $75,000,000 add on funding that Proposition 123 used to provide," Tatel said. Because the state finalized its FY26 budget after the district adopted its FY26 budget, that new state funding and a larger-than-expected carryforward changed the district's transfer calculations.
Key adjustments explained in the presentation included an increase of $1.4 million in unrestricted capital (DAA) compared with the adopted FY26 budget, a larger carryforward balance (budgeted at $2 million but realized at $3.3 million, an increase of $1.3 million), and timing adjustments such as moving bond fund expenditures to FY26 for school buses that arrived later than expected (about $489,000). Tatel said the district originally budgeted a DAA-to-M&O transfer of $1,450,000 but the revised carryforward and new state funds allowed the district to avoid moving capital into M&O; the DAA transfer for the current revision is $0.
Board members asked clarifying questions about the building renewal grants, bus timing, and how salary calculations influenced the carryforward. Tatel explained that some salaries are funded from classroom site funds and instructional improvement funds, which affected earlier transfer assumptions. After discussion, a board member moved to approve the revision; the motion carried 5–0.
The board did not receive any public comment on the budget revision during the hearing. District staff will implement the revised budget and report as required.
