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Greece Central raises its preliminary state aid figure, presents $318.5 million draft budget and outlines risks
Summary
Finance staff told the board a state-aid adjustment increased building aid by about $1.2 million, producing a working state-aid figure of roughly $168.4 million and a draft 2025–26 budget of $318.5 million; the finance team flagged categorical-grant and child-nutrition risks and outlined next steps.
District finance staff presented an update to the board on the district’s draft 2025–26 budget, including a building aid adjustment that raised the district’s working state-aid number and a discussion of budget risks tied to federal and state funding.
Finance presenter Romeo Cooley said reconciliation with financial partners increased the district’s building aid estimate by about $1.2 million, bringing the working state-aid number to about $168.4 million. With that adjustment and other revenue and expenditure reviews, Cooley said the district’s draft budget stands at $318.5 million, an increase of roughly $10.7 million (about 3.5%) from the prior year; he said the estimated tax levy stands at about $128 million, an increase of approximately $2.6 million (about 2%).
Cooley reviewed prior…
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