Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Board adopts $49 million budget; district earmarks state facilities payments and CTEC grant for capital projects including Sandpoint Middle School
Summary
Trustees adopted the 2025–26 budget after an annual hearing. The district plans capital outlays supported by a one‑time $17 million state modernization payment and an approved CTEC grant; Sandpoint Middle School planning and equipment purchases are budgeted ahead of construction.
The Lake Pend Oreille School District board adopted the fiscal 2025–26 budget after the district’s annual budget hearing, with administrators describing a budget that combines a healthy general fund balance and sizable state facility payments earmarked for capital work.
CFO Brian Waltz told trustees the district published the legally required budget summary and reviewed the numbers in public. “This is our annual budget hearing. It's required by law,” Waltz said. He said the district expects to begin the general fund with nearly $20.5 million in fund balance, listed state revenue as the district’s largest single revenue source and showed total…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
