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U‑46 holds public hearing on FY26 budget; district projects planned drawdown for capital projects
Summary
District presented the FY2026 tentative budget: proposed expenditures of $963.2 million against projected revenues of about $819.4 million, producing a planned deficit tied to capital spending for the UniteU46 campaign. Administrators detailed revenue shifts, fund balances and state funding reductions.
U-46 administration presented the tentative FY2026 budget at a public hearing, outlining a planned deficit driven by capital spending for the district’s UniteU46 construction program, changes in evidence‑based state funding and projected fund balances.
Finance staff said the district projects total expenditures of $963,200,000 and anticipated revenues near $819,400,000 for FY26, producing a planned deficit associated with capital projects. The presentation noted the district begins FY26 with an unaudited fund balance of $876,300,000 and projects an ending balance…
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