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Park City School District presents FY26 budget plan; adoption set for June 17
Summary
District finance staff told the board the proposed fiscal 2026 budget closes with a $2.6 million gap to reserves, projects a small enrollment decline and anticipates $33 million in state recapture; board will vote on total expenditures and certified tax rates at the June 17 meeting.
The Park City School District’s finance team presented a draft FY26 budget that would be adopted by the board at its June 17 meeting, and warned the district will draw about $2.6 million from reserves to balance projected expenses.
The business administrator, presenting the document, said the board will adopt total expenditures and the property tax rate next month and cautioned that “a budget is only good for the 10 minutes after it’s off the press,” reflecting how grants and other changes can alter figures during the year.
The draft shows enrollment falling from 4,117 this year to a projected 4,007 next year — a decline the presentation said will affect revenue and staffing decisions. The…
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