Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Ferguson‑Florissant board adopts preliminary FY26 budget amid warnings of continued deficit spending
Summary
The Ferguson‑Florissant R‑II Board of Education voted to adopt a preliminary fiscal year 2025–26 budget that projects $157.3 million in spending against $151.8 million in revenue, leaving the district in a planned deficit and with a very low unrestricted fund balance.
The Ferguson‑Florissant R‑II Board of Education adopted the district's preliminary fiscal year 2025–26 budget at its meeting, approving a spending plan that projects $157,284,055 in expenditures against $151,848,828 in revenues.
Finance staff said the plan continues a pattern of deficit spending and leaves the district with an overall fund balance projected at about 6.8% and an unrestricted fund balance of roughly 2%. "We must we must pass an operating tax levy increase," the district's finance presenter said, adding that the district likely will need a tax anticipation note and is preparing for a…
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
