Board adopts five‑year forecast and urges lawmakers to reject House Bill 96 cash‑cap proposal

The Brunswick Board of Education approved a five‑year financial forecast and unanimously adopted a resolution opposing a state proposal that would cap school district cash reserves, board members said at the May 20 meeting.

Treasurer Mark presented the May update to the district’s five‑year forecast and warned trustees that language in House Bill 96 could reduce Brunswick’s revenue by about $20,000,000 in a single year if enacted, a change he said would sharply erode the district’s cash reserves. “We will be reduced by over $20,000,000 in this district in 1 year,” Mark said during the presentation.

The board voted to adopt the May 2025 version of the five‑year forecast on a unanimous roll call. The motion to adopt the forecast was made by Missus Mullen and seconded by Missus Gessler; each trustee present voted “aye.”

Nut graf: Why this matters — The forecast is the district’s principal planning tool for operating revenues and expenditures; it shows expected revenues, planned spending and projected cash on hand through fiscal 2029.…