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District previews 2026 budget, warns of circuit‑breaker losses and uncertainty in assessed valuation
Summary
District finance staff presented a preliminary 2026 budget overview. They estimated a $62 million education fund, highlighted a merged curricular materials allocation, warned of rising circuit‑breaker losses tied to recent state legislation, and said final property assessed valuation (AV) from Allen County is pending.
The SACS School Board received a preliminary overview of the 2026 budget that staff characterized as a conservative, maximum‑level proposal pending county assessed valuation. “The purpose for why we're here tonight is to discuss the start of the 3 phases for our budget for 2026,” a district finance presenter said.
The presenter said the district is estimating roughly $62,000,000 for the education fund in fiscal 2026, noting that a prior separate curricular materials fund has been merged into the education fund. He explained the district recorded curricular materials cash of…
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