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Greater Albany SD projects $4 million shortfall, readies budget committee for cuts and committee work
Summary
Superintendent Andy told the Greater Albany Public School District board the state revenue forecast cut funding and the district now plans for roughly $4 million in reductions, a process that will continue at budget committee meetings in late May and June.
Superintendent Andy told the Greater Albany Public SD 8J board on Monday that updated state revenue forecasts and federal uncertainty have reduced the district—s projected revenue and that the district is preparing a budget with roughly $4 million in reductions.
The announcement followed the May revenue forecast from the state—s Office of Economic Analysis, which Andy said flagged elevated uncertainties including trade and tariff policy and federal fiscal decisions. Andy told the board the district—s budget package the administration will carry forward totals 11,360,000,000.00 and that a $4,000,000 reduction represents about a 3% cut in the general fund across personnel-bearing accounts.
The budget is on a compressed timeline: the district—s budget committee meets May 28 and again June 11, and the board will have an opportunity to adopt a final budget at its regular meeting on June 23. Andy…
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