Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Danville Area SD presents 2025–26 budget outlook, flags state funding shift and one-time health-insurance reprieve
Summary
Business staff outlined a $48.3 million expenditure plan for 2025–26, described a one-year benefit from locked health-premium rates and warned of a multi-year state funding transition that reduces district aid by roughly $865,000 over two years under current formulas.
Danville Area School District finance staff on Tuesday presented a draft 2025–26 budget showing $48,327,482.50 in expenditures and projected revenues of $47,608,801.63, leaving a planned use of fund balance of about $718,000.
The presentation laid out why the district is not proposing a local real-estate tax increase now, how recent vendor negotiations reduced technology costs and why a state funding formula change is squeezing future revenue.
Finance director Mike Mavis said the expense total “includes a $200,000 projected transfer to the capital reserve and also a $200,000 budgetary reserve figure.” He told the board the district locked into health-insurance premium rates when it moved to a self-insured model with PSHIC, meaning “for 25–26 we don't have to budget a cost increase” but that…
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
