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Farmington School Board reviews budget model showing multimillion‑dollar gap if operating levy expires; board to consider renewal scenarios
Summary
Superintendent and finance staff presented an updated budget model that projects a structural deficit and an $8.2 million shortfall if the district’s 2015 operating levy revenue lapses; board members discussed renewal options, timelines and community engagement ahead of an April work session.
Superintendent Berg and finance staff presented an updated budget model that projects ongoing structural deficits for the district and a larger shortfall if the 2015 operating levy revenue is not renewed.
According to the presentation, the district’s near‑term projected deficit (for 2025–26) can be reduced to near zero by using assigned fund balance and the realignments approved by the board; however, the model assumes the $5 million generated by the 2015 operating levy would fall off and, under that assumption, the district’s cumulative…
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