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District finance report shows projected $7.2 million gap; PERS reduction offers temporary relief
Summary
At an Aug. 18 board meeting, district finance staff projected a $7.2 million gap between anticipated revenue and expenditures for 2025–26, highlighted the temporary nature of savings from Senate Bill 849, and presented an estimated ending fund balance of about $6.8 million (4.74% of revenue).
Westland-Wilsonville School District finance staff on Aug. 18 told the board the district projects roughly $144.1 million in revenue against about $151.4 million in expenditures for 2025–26, leaving an anticipated gap of about $7.2 million and an estimated ending fund balance of $6.8 million, or 4.74% of total revenue. Chief business presenter Dr. Hughes (presenting the general fund financial report as of July 31) said the district’s revenue projection includes a small upward revision in the state school fund and that near-term savings from a change in employer PERS contribution rates will be partially offset by higher health-benefit costs. Dr. Hughes said the district’s…
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