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District finance chief previews 2025‑26 budget; tax and enrollment shifts pose planning choices
Summary
Business administrator Leon Wilcox presented a draft budget update noting steady enrollment declines, revenue increases tied to property valuation, a proposed 4.2% certified tax increase, and timing for hearings; staff warned of long‑term pressure if enrollment falls further and flagged capital needs tied to the Innovation Center.
Canyons School District business administrator Leon Wilcox presented the district’s draft 2025‑26 budget Thursday and outlined next steps for hearings and tax‑rate setting while flagging that declining enrollment and construction commitments will shape future spending choices.
Wilcox summarized revenue and expenditure projections: the district expects roughly $400 million in total revenue in 2025‑26, sourced primarily from state funding and property taxes. He said the state’s basic levy contribution has risen and the district is proposing a 4.2% tax increase to cover rising insurance, personnel and utility costs and to fund…
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