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Fulton board warned of healthcare cost pressure; budget cuts of roughly $4 million proposed to close gap
Summary
District finance staff presented February financials and a draft budget showing health insurance as the primary driver of a projected deficit; staff said they have identified approximately $3.9–4.7 million in reductions and may seek permissive legal options to use reserves if necessary.
Fulton City School District finance staff told the board the district’s February financials and draft 2025–26 budget remain under active revision, and flagged health insurance as the largest driver of an impending deficit.
Why it matters: The district’s projected revenue for the coming year was presented at about $94.65 million; staff said expenses had been trimmed toward roughly $95.3 million but more work remained to balance the budget. Health insurance costs, staff said, have risen sharply in recent years and currently project to put the employee‑benefits category in the red.
District Business Manager Kate (presenting) broke out employee benefits and said health…
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