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Beaverton School District projects growing deficits despite large reserves

2658900 · March 11, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

At a March 11 Budget 101 session, district staff projected a $15 million deficit for the current year and larger multi‑year shortfalls if no changes are made, while noting substantial reserves that can temper near‑term cuts.

Beaverton School District leaders told the school board budget committee on March 11 that the district expects to end the current fiscal year with a deficit of a little more than $15 million and that deficits could grow to roughly $29 million in 2025–26 and as high as about $61 million by 2027–28 if no changes are made.

The projections were presented by Associate Superintendent Michael Scofield during the Budget 101 study session. He said the district is “already operating at a deficit” and that the $15 million shortfall is the issue staff and the superintendent’s cabinet are now addressing. He told the committee the board will be asked to adopt a proposed budget in June and staff…

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