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Board adopts tentative FY26 budgets for district and GAVC; final numbers pending state grants
Summary
The board approved tentative district and GAVC FY26 budgets with expenditures largely set but revenue figures pending state evidence-based funding and federal grant (Perkins/CTE) allocations.
The school board approved tentative FY26 budgets for both the district and the Galesburg Area Vocational Center (GAVC) while noting that final revenue figures are pending from state and federal sources.
Sam (presenter) told the board that expenditures are largely set and that the district expects to receive evidence-based funding numbers from the state in August. "We typically present the budget in August once we have all of our state federal, grants in place as well as our EBF funding... This is an anticipated budget," Sam said, adding that changes are expected on the revenue side when the state figures arrive.
For GAVC the presenter said final numbers on Perkins and CTE funding were not yet available: "We do not have final numbers on Perkins and CTE. So, hopefully, by the time the board reconvenes in August, we'll have those, and we'll have more firm numbers in terms of the revenue side. Expense side is very on target, and shouldn't change a whole lot from what is in the anticipated budget." The board approved both tentative budgets by motion and voice vote.
Why it matters: tentative adoption begins the statutorily required public-notice period for budget hearings and allows the district to continue payroll and hiring planning. The board discussed timing constraints driven by the state's schedule and the need to present final numbers at the August meeting.
Next steps: staff will update revenue projections with the state's evidence-based funding notice and final Perkins/CTE figures and present revised budgets at the August board meeting.
