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Provo District Finance Chief Outlines FY25 Final and FY26 Tentative Budget; Tax Rate Shift Small, Insurance Costs Rise
Summary
Provo City School District business administrator Devin Daley briefed the board on May 13 on the district's FY25 final and FY26 tentative budgets, citing a 4% WPU increase, a small tentative tax‑rate change, and a substantial self‑insurance cost pressure estimated at roughly +30% (~$4 million).
Provo City School District business administrator Devin Daley briefed the school board on May 13 about the FY25 final and FY26 tentative budgets, describing modest state revenue increases and material cost pressures the district is managing.
Daley said the state provided a 4% increase in the Weighted Pupil Unit (WPU) for FY26; he characterized the district portion that directly accrues to local operating revenue as modest — roughly $2.5 million districtwide — and noted that WPU gains do not equate to equivalent increases in total district spending power because property tax and other offsets affect net state support.
He presented projected property‑tax rates used for the tentative budget: the district’s current rate was…
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