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Liberty Public Schools adopts 2025–26 budget after mixed revenue signals
Summary
The district board approved the 2025–26 budget after hearing that tax collections exceeded expectations but the state foundation formula returned slightly less than projected, leaving a roughly $131,000 shortfall for the current year; the board voted to adopt the completed budget and will monitor federal and state allocations going forward.
The Liberty Public Schools Board of Education adopted the district’s completed 2025–26 budget after officials reported higher-than-expected local tax collections but a small shortfall in state foundation funding.
Cindy Sullivan presented the completed budget and the changes since the preliminary document, saying the district reduced projected revenue by $16,486.06 and increased projected expenditures by $280,717. “We collected a 100.42% of amounts levied,” Sullivan said, noting that collection rates historically run lower and that the extra collections are unusual.
The district also reported a gap in state foundation funding tied to the…
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