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Board approves preliminary FY2025–26 budget; staff to finalize after unit counts and state confirmation
Summary
The board approved a preliminary budget for 2025–26 that incorporates referendum revenue and the recently approved split tax rate; staff set discretionary lines conservatively and said federal and state receipts remain subject to final confirmation.
The Colonial School Board approved a preliminary fiscal-year 2025–26 budget that staff described as conservative and contingent on unit counts and final state allocations. The motion to adopt the preliminary budget was moved by Ms. Breeding and seconded by Dr. Dorsey; the motion carried.
Why it matters: Finance staff told the board that state-restricted funding is expected to rise about 4.1 percent, driven by allocations such as the Public Education…
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