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Board reviews budget assumptions, midterm amendment and considers moving final adoption later
Summary
District finance staff reported a preliminary midterm amendment adding $2.4 million and reviewed FY26 budget assumptions, including a 1% raise for employees; board discussed shifting the final budget adoption one month later to allow for additional state and local information.
Carroll County Schools finance staff reported budget updates and sought board input on the FY26 calendar during the March 17 work session.
Finance Director Mister Lynn Wolf presented the January financials and a budget outlook that included a preliminary midterm amendment from the state showing a $2.4 million increase to be presented in Amendment No. 2 next month. Wolf said the amendment is tied to a statewide cap on the local five-mill share set by state law.
For fiscal year 2026 planning, Wolf…
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