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Preliminary budget: district projects modest year‑end surplus while warning state aid uncertainty will shift costs locally
Summary
District finance staff projected a modest year‑end surplus but warned the school budget faces uncertainty from the state process, which could leave local taxpayers funding a $325 per‑pupil revenue limit increase if state equalization aid does not materialize.
The D C Everest Area School District’s finance director presented a preliminary budget update to the school board, reporting a projected year‑end surplus and warning that the state budget outlook could require locally borne revenue adjustments.
Kelly (staff member) told the board the district currently projects a conservative year‑end surplus of roughly $500,000 to $1 million, driven largely by salary‑fringe savings, such as health‑insurance underspending tied to employee turnover and open enrollment timing. "We'll have a year end surplus," Kelly said, adding staff will provide a more confident estimate at the July meeting after June payrolls and audit preparations complete.
Kelly and the superintendent discussed…
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