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Board reviews FY25 budget revision and approves FY26 proposal; district expects Impact Aid B2 status
Summary
The board approved the FY25 year‑end revisions and moved forward with a FY26 budget that plans for salary increases, capital spending near $55.7 million, and anticipates continued B2 Impact Aid eligibility pending federal confirmation.
Mr. Harrison, a district staff member, presented the fiscal‑year 2025 budget revision and the FY26 proposed budget to the Waynesville R‑VI Board of Education; the board approved both items during the meeting.
For the FY25 revision, administration recommended adjustments to enact revenue and expenditure account totals and make necessary transfers to close the fiscal year ending June 30, 2025; the board approved the recommendation by voice vote after a motion from Mr. Anderson. Mr. Harrison noted state revenue increased in FY25 because the state adequacy target (SAT) rose from 6,375…
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