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Racine Unified adopts FY26 budget, sets $119.17 million tax levy and short-term borrowing line

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

The Racine Unified School District board approved the FY26 adopted budget, a $119,172,534 district tax levy and authorized a taxable revenue anticipation note line up to $10 million at its Oct. 20 meeting.

The Racine Unified School District Board of Education approved the district's fiscal year 2026 adopted budget and certified the 2025–26 tax levy at its Oct. 20 meeting, actions that set the district's revenue authority and the property tax impact for the coming year.

Board approval matters because the adopted budget and certified tax levy determine property tax bills, staffing, capital plans and the district's near-term cash-management options.

Finance staff reported the state budget provided a $325 per‑pupil increase that translated to roughly $5.1 million in additional revenue, all of which flowed through the property tax levy under current state rules. The…

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