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District finance presentation: state 45‑day revise keeps 2.3% COLA, adds TK funding and one‑time student support money
Summary
District staff summarized the state 45‑day revised budget: 2.3% COLA, a one‑year hold harmless for expanded learning opportunity program (ELOP), an increased TK funding ratio to 10:1 and local projections of roughly $500,000 additional TK funding and about $900,000 in student support/professional development discretionary funds.
Melissa, district finance staff, presented the district’s summary of the state 45‑day revised budget and local implications for 2025–26.
At the state level, Melissa said the approved budget maintains a 2.3% cost‑of‑living adjustment, defers a portion of apportionment from June 2026 to July 2026, and funds an increase in TK staffing to a 10‑to‑1 ratio. The state budget also…
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