Emmett Independent District hears presentation on revised 2024-25 budget and proposed 2025-26 spending plan

Emmett Independent District finance staff presented the revised 2024-25 budget and the proposed 2025-26 budget at a public hearing, summarizing state and federal revenue shifts, carryover plans and program-level adjustments ahead of the board’s regular meeting.

The district’s revised 2024-25 figures include $1.2 million received under House Bill 292, of which $1 million was applied to cover the district’s supplemental levy and about $218,000 was transferred into Fund 435 (school district facility funds) for maintenance projects. The revised budget also reflects a state allocation tied to House Bill 521 listed at $10,000,005.19 and a carryover to the school modernization fund of $10,000,000.

“...we received 1,200,000.0. The 1,000,000 covered our supplemental levy,” Crystal, the district finance staff member who presented the budgets, said while walking the board through the revenue tables. Crystal explained that the HB 292 money did not all remain in the general fund; the portion exceeding the levy formula moved to the designated fund for facility maintenance.

Why it matters: the state and federal awards and carryover will influence near-term capital work, school maintenance and whether the district needs to draw on its contingency. Crystal said the district held a $1,000,000 contingency that the board has maintained and…