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Franklin Regional board adopts $71.2 million general fund budget, keeps tax rate at 115.86 mills
Summary
The Franklin Regional School Board on June 16 adopted a $71,179,780 general fund budget for 2025–26, using portions of the fund balance and keeping the property tax rate at 115.86 mills amid state funding uncertainty.
The Franklin Regional School Board of Directors adopted its final 2025–26 general fund budget Monday night, approving $71,179,780 in expenditures and keeping the property tax rate at 115.86 mills.
Board action came after Business Office staff presented the final numbers and explained incremental changes since the May proposed budget. The approved budget lists $70,586,278 in projected revenues,…
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