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Tooele school leaders outline $13.4 million shortfall, ask board for two budget scenarios
Summary
Business administrator Lark Reynolds presented a proposed FY26 beginning budget that shows multi-fund deficits unless the district raises revenue or draws on reserves. The board asked staff to prepare two scenarios for the public budget hearing: a no-tax-increase budget and a ‘flat tax’ option roughly equal to levies falling off (about $7.45M).
Tooele County School District Business Administrator Lark Reynolds presented a proposed beginning budget for fiscal year 2026 on June 24, showing projected uses of fund balance across major funds that totaled about $13.4 million when capital projects and the general fund are combined.
Reynolds said the draft assumes staffing and benefits consistent with current practice, seven new teacher FTEs tied to new schools, increased utility and custodial costs for two opening schools, and an estimated $9.1 million still reserved for lingering construction invoices. “I usually build a budget without a tax increase,” Reynolds told the board, and said his estimates for certified tax rates were close to current county projections.
The presentation matters because the district faces a choice between drawing on reserves, increasing local property tax revenue, or cutting…
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