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Richmond Community Schools opens public hearing on 2026 budget, warns of deep revenue uncertainty
Summary
Officials presented a high-level 2026 budget and a 2026–2030 capital and bus replacement plan, saying legislative changes could cut hundreds of thousands annually and force operational reductions.
Richmond Community Schools opened a public hearing Sept. 24 on its proposed 2026 budget, capital projects plan and bus replacement schedule as administrators warned the district faces significant revenue uncertainty from recent state tax changes.
Assistant Superintendent of Business and Finance (title given in meeting) told the board and the public the district will file the required notices on the Indiana Gateway and is requesting appropriations across four funds: Rainy Day, Service, Education and Operations. The administration proposed an Education Fund budget authority of $44,441,433 but said it expects actual cash-flow spending closer to $39 million based on current student counts. The district reported rainy-day…
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