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SLPS board approves FY25–26 budget updates after grant allocations change; net reduction about $868,000
Summary
Budget staff told the board that several federal and state grant estimates converted to actual allocations, yielding net revenue and expenditure adjustments; the board approved the revised FY25–26 proposed budget.
Budget staff presented updates to the district's proposed FY25–26 budget during the June 10 meeting, saying actual grant allocations had arrived since the May presentation and required updates to revenues and expenditures.
A district budget staff member identified as Miss Johnson told the board that updated grant notices changed the budget both up and down and that the net change across funds was a reduction of $868,395. She said that updated allocations that arrived as actuals (rather than estimates) totaled roughly $7.5 million in staff calculations and named several grants and amounts used to…
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