Steamboat Springs School District No. Re 2 finance staff presented the fiscal year 2026 budget at the board’s public hearing on June 2, reporting a modest shift in revenues and an added classroom position tied to enrollment projections.

Stephanie Juno, the district finance presenter, told the board an “other revenue” line increased by about $57,000 after updates from an Education Fund board meeting earlier in the month. She said some purchased services purchases were delayed past June 30 and therefore moved to the FY26 forecast. “The other main change that happened in the expenditures is the salaries increased by one classroom teacher FTE,” Juno said, explaining a third kindergarten classroom appears necessary at Soda Creek Elementary based on enrollment tracking.

Why it matters: The budget changes marginally reduce the projected ending fund balance as a percentage of expenditures but the district’s ending fund balance remains at about 22 percent in staff forecasts. Board members discussed the effects of the revenue adjustment and timing shifts and sought clarification about activity funds and the use of balances for student activities.

Key figures and changes reported: Juno said the revenue increase derives from an updated allocation from the Education Fund board and that delays in purchased services lowered spending in the current fiscal year while increasing the FY26 budget. The addition of one classroom teacher and associated benefits increased the salary line and affected the district’s FTE totals. Juno summarized the forecast as still showing a modest use of fund balance but that when spending is shifted to FY26 the ending fund balance remains at the board’s target of about 22 percent.

Public comment and next steps: There were no public comments during the hearing. The board scheduled final budget adoption for its June 16 meeting. Juno and board members agreed to circulate the detailed general fund revenue and expenditure pages used in the presentation for review prior to adoption.

Ending: District staff will bring the revised FY26 budget back for adoption June 16; no formal adoption occurred at the June 2 hearing.