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Lapeer school officials warn of roughly $5 million shortfall and shrinking fund balance as enrollment falls
Summary
District finance staff told the board they expect continued enrollment declines, revenue uncertainty and a roughly $5 million deficit for 2025–26 absent further state action; staff have begun reductions and will engage budget managers and stakeholders to close gaps.
At the May Lapeer Community Schools Board of Education meeting, Erica Ingalls of the district business department presented a financial forecast that projects roughly a $5 million operating deficit for the 2025–26 fiscal year and a notable decline in the district's fund balance if current conditions persist.
"We're we're looking at about a $5,000,000 deficit this year," Ingalls told the board, adding that staff are preparing a preliminary budget for the June board meeting and will hold budget-manager sessions next week. Ingalls said district leaders have already implemented reductions that will affect next school year, including elimination of a secretary position, a building dean position, and 5.6 full-time equivalent teacher positions.
Ingalls and other staff…
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