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Shakopee board adopts FY26 budget, directs two-question levy and $3 million in cuts
Summary
The Shakopee Public School District Board on June 23 adopted its fiscal year 2026 budget and voted to place a two-question operating levy on the Nov. 4 ballot while recognizing $3 million in permanent expenditure reductions for 2026–27.
The Shakopee Public School District Board of Education on June 23 approved the district's fiscal year 2026 budget and voted unanimously to place a two-question operating levy on the Nov. 4, 2025 ballot while also recognizing $3 million in permanent expenditure reductions for fiscal 2026'27.
The action matters because the district projects continued enrollment decline and a structural gap in future years: the adopted FY26 budget projects $167.3 million in revenue and $174.0 million in expenditures, leaving a one-year use of reserves and a forecasted $7 million to $9 million shortfall for 2026'27 without additional action.
Director of Finance and Operations Bill Nazzi presented the budget materials and told the board the document reflects a set of assumptions about enrollment and revenues. "I feel like the numbers on this document are numbers that can't be…
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