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Hudson School District projects $13.7 million operating shortfall this year as board allocates $15 million for construction
Summary
District finance staff presented the 2025 annual budget preview, describing state aid changes, a projected $750,000 reduction in equalization aid, $2.7 million in multi‑year staffing cuts, and a planned $15 million use of fund balance for ongoing referendum construction that together produce a stated $13.7 million operating deficit for 2025–26.
Bonnie, presenting the district’s 2025 annual budget summary, told the Hudson School District Board of Education that state-level changes and local valuation shifts will alter the district’s revenue picture for the coming year.
The state’s 2025–27 operating budget set per‑pupil aid at $742 (no increase), and the state adopted a $325 increase to the revenue limit calculation per pupil. Special education categorical aid is estimated to rise to 42% from 30%, a change Bonnie described as “very appreciative by the district.” She said the district is projected to lose about $750,000 in equalization aid because Hudson is a property‑wealthy district and the aid formula redistributed dollars based on statewide factors. Bonnie said the district will receive its final allocation from the state on Oct. 15.
Why it matters: the district is authorizing capital spending from its fund balance while operations show a shortfall.…
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