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Anchor Bay board adopts final 2024–25 amendments and approves original 2025–26 budget
Summary
The board approved final amendments to the 2024–25 budget and adopted the original 2025–26 budget, citing higher-than-expected state reimbursements, inclusion of the Sugarbush sale, and a proposed beginning fund balance of about $14 million.
The Anchor Bay School District Board of Education approved final amendments to the 2024–25 budget and adopted the original budget for 2025–26 at its June 25 meeting.
Administration presented the 2024–25 final budget, reporting total revenues of about $82.7 million, total expenditures of roughly $78.0 million and a projected surplus of about $3.7 million; administrators said that figure includes an estimated $2.8 million from the expected sale of Sugarbush. The board was told the beginning fund…
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