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District presents draft 2025–26 budget, flags $7.8M in outstanding property taxes and proposes revised field‑trip fees
Summary
Elizabeth School District staff presented third‑quarter finances and a draft 2025–26 budget. Staff said $7.8 million in local property tax revenue is still expected and proposed more granular department budgets and variable field‑trip fees to reflect true transportation costs.
District financial staff presented third‑quarter results and an initial draft of the 2025–26 budget, telling the board that the current fund balance and revenue timing warrant close monitoring and some policy changes to reflect real costs.
Finance staff said the third‑quarter reporting (prepared through mid‑March) does not yet include about $7,800,000 in expected local revenue collected through property taxes and roughly $2,000,000 of additional state revenue, which together affect the district’s reported fund balance. “We are still waiting for $7,800,000 of local revenue, which is collected through property taxes,” a district financial presenter said, noting that timing makes third‑quarter snapshots incomplete.
Staff described efforts to increase budget granularity so each department’s…
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