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Parkrose Board adopts $89.65 million 2025–26 budget, approves tax levy resolution
Summary
The Parkrose School District board voted to adopt the 2025–26 budget and approve a companion resolution to appropriate funds and levy taxes after staff outlined adjustments tied to a state pension rate change and other corrections.
The Parkrose School District Board of Directors on June 9 voted to adopt the district's 2025–26 budget and approved a separate resolution to appropriate funds and levy taxes for the coming fiscal year.
The budget the board adopted totals $89,649,953 and reflects adjustments created primarily by a 1.68 percentage-point increase in the public employees' pension rate driven by state action (referred to in the meeting as Senate Bill 849). District staff reported the rate change freed up $443,647 in the latest budget calculations; the board approved moving much of that amount to restore two furlough days and a professional development day, which staff said cost $327,005.29.
Director of Finance (budget presenter) Shuri…
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