Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Corvallis SD 509J budget preview assumes $11.4 billion state allocation, projects 5,661 students for 2025–26
Summary
District finance staff told the budget committee the proposed budget will use a statewide state school fund assumption of $11.4 billion, a 2.6% CPI factor and several contract-driven personnel increases while projecting enrollment at 5,661, down 237 from the current year.
Lauren Wolf, director of finance for Corvallis SD 509J, told the district’s budget committee on Tuesday that staff will present a proposed budget that uses several conservative fiscal assumptions while reflecting recent contract terms.
Wolf said the draft assumes a statewide state school fund allocation of $11,400,000,000 and applies a 2.6% consumer price index figure to non-personnel costs. She told the committee the district has applied step increases and contract cost-of-living adjustments for eligible employees, increased PERS employer rates by about 6% and added a $50-per-month insurance contribution for eligible employees.
Wolf said the district is projecting enrollment of 5,661 students for 2025–26, a decline of 237 students from the current year, and a…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
