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Centennial SD finance director warns of multi‑million dollar shortfalls in five‑year plan
Summary
District staff presented a five‑year projection showing recurring deficits driven by contractual obligations, limited state aid increases and the end of one‑time federal support; administrators urged the board to consider reductions and other options ahead of the 2025–26 budget cycle.
Centennial School District staff told the board Tuesday that the district faces multi‑million dollar structural deficits over the next five years, driven by contractual salary increases, limited state funding growth and the end of pandemic‑era federal aid.
At a presentation that opened the budget discussion, a district finance presenter summarized projections from fiscal 2026 through 2030 and said the district is “running deficits” even with the Act 1 index included in the modeling. The slide deck projects a roughly $4.2 million shortfall for fiscal 2026 under a full Act 1 (4%) assumption, and warned that lower Act 1 increases would worsen the gap.
The presentation placed several figures in context:…
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