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Board hears proposed 2025'26 operating capital and long'term facility maintenance plan, indoor air quality update
Summary
Director of finance Val Merdersdorf presented a proposed operating capital and long'term facility maintenance budget for 2025'26 totaling about $4.9 million in revenue and explained how the district plans to allocate those restricted funds.
Val Merdersdorf, director of finance, presented the proposed 2025'26 operating capital and long'term facility maintenance (LTFM) budget and the district's 10'year LTFM plan.
Merdersdorf said total projected revenue across operating capital, lease levy, capital levy and LTFM is about $4.9 million for 2025'26. She broke the revenue mix into operating capital (just over $900,000), lease levy (about $451,000), voter'approved capital projects levy (a little over $2,000,000) and LTFM (about $1,300,000). She noted the voter'approved capital levy increase approved by voters in 2022 is the largest single piece of the revenue picture.
Planned expenditures presented total roughly $4.6 million, leaving targeted fund balances: operating capital projected to end around $367,000 (board minimum $200,000) and LTFM around $814,000 (board goal…
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