New Albany-Floyd County board adopts 2026 budget, approves $3 million appropriation and policy updates

The New Albany-Floyd County Consolidated School Corporation board adopted its 2026 budget package and related resolutions and approved a $3,000,000 additional appropriation to the Education Fund at its regular meeting. The board also approved revisions to multiple policies and adopted a capital projects plan and a multi-year bus replacement plan.

The fiscal actions give district staff authority to finalize levy targets with the state’s Department of Local Government Finance and to make within-fund appropriation transfers during the year. “So this meeting, regular meeting is closed, district appropriation open. Looking at $3,000,000 additional appropriation to the education fund,” said Mr. Street during the public hearing portion on the appropriation.

Why it matters: the actions finalize spending and levy-setting steps that affect the district’s debt service levy, operations levy and the rate taxpayers see on property tax statements. Board discussion noted the district advertised a higher debt service…