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Keystone Central previews 2025-26 budget; trustees warned of limited state subsidy and possible millage options

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

District staff reviewed the March preliminary 2025-26 budget, projecting modest state subsidy increases, ongoing bond and health-care costs, and potential millage increases that would raise $490,000 to $1.5 million depending on rate choice; staff signaled continuing work on reductions and potential use of fund balance for capital projects.

District staff presented a March preliminary budget for fiscal year 2025-26 and reviewed revenue and expense pressures that could require millage increases or use of fund balance.

The presentation, led by a district staff member identified as Joni, summarized state basic education funding increases the district expects, described a modest state subsidy gain for the district and outlined notable expenses: the final year of a Liberty Curtain bond obligation, projected health-insurance increases and higher charter/cyber tuition costs. "We have an…

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