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MSD Martinsville treasurer outlines $58.8M proposed 2026 budget, board schedules adoption Oct. 9
Summary
District treasurer Whitney Kuzma presented a proposed 2026 budget totaling about $58.8 million, with the education fund accounting for roughly 57% and the operations and debt-service funds the remainder. The board will vote to adopt the budget Oct. 9; the Department of Local Government Finance will review and issue the statutory notice by Dec. 31.
Whitney Kuzma, district treasurer for the Metropolitan School District of Martinsville, presented the district’s proposed 2026 budget during a required budget hearing and told the school board the district will seek formal adoption on Oct. 9.
Kuzma said the district’s total proposed budget is approximately $58,800,000, with roughly $33,600,000 (about 57%) in the education fund, $16,300,000 (about 28%) in the operations fund and $8,800,000 (about 15%) in the debt-service fund. She said the district advertises a higher tax rate than it expects to use to allow flexibility during the state review process.
The proposal reflects the district’s budgeting approach of estimating expenses conservatively and revenues modestly: “The budget cycle is 18 months in all,” Kuzma said, noting the…
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