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Germantown board approves FY2025-26 general fund budget on first reading
Summary
The Germantown Municipal School District board approved the FY2025-26 general fund budget on first reading, advancing pay increases for teachers and a 3% cost-of-living adjustment for other staff while preserving a multi-million-dollar reserve.
Germantown Municipal School District trustees approved the district's fiscal year 2025-26 general fund budget on first reading during their April 24, 2025, business meeting, voting 4-0 to advance the plan to a subsequent reading.
The budget proposal, presented by Superintendent Manuel, includes a projected $1.4 million increase in TISA funding, a $1.7 million increase for teacher salaries and a 3% cost-of-living adjustment for other staff. The district projected an enrollment assumption of 5,900 students for the coming year and reported a general reserve of about $24 million.
Why this matters: The package aims to raise starting and top-step pay to remain competitive with nearby districts and to retain staff while maintaining a cash reserve to cover operating expenses early in the…
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