Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Everett School Board adopts $25-26 operating budget; board approves by voice vote
Summary
The Everett Public Schools Board of Directors approved the district's fiscal year 2025-26 operating budget (Resolution 13-24) after a public hearing and a board vote; the budget anticipates a 7% ending fund balance and foresees enrollment growth and higher staffing costs.
The Everett Public Schools Board of Directors voted to adopt the district's operating budget for fiscal year 2025-26 (Resolution 13-24) during its Aug. 19 regular meeting after a public hearing and a voice vote.
The budget, which the district presented in a first reading on July 1 and submitted unchanged since then, projects expenditures that exceed revenues for 2025-26 but leaves an ending fund balance of about 7% of total expenditures, above the district policy minimum of 5%. The finance presentation said revenue increases are driven by a state cost-of-living adjustment and enrollment growth, while expenditures rise primarily because of added staffing allocations, higher staff costs and increased materials and operating costs.
The superintendent's finance staff said the district used a demographer's medium enrollment projection when preparing the budget. The presentation compared actual October 1 head…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
