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Speedway Schools: superintendent highlights top state rankings, enrollment growth and referendum reliance
Summary
Superintendent Kyle Treble presented the Speedway Schools 2026 budget framework, citing recent high state rankings, rising enrollment projections and the central role of the referendum in funding classroom staff and small class sizes.
Dr. Kyle Treble, superintendent of Speedway Schools, told the council on Aug. 20 that the district is budgeting for continued achievement while managing enrollment changes and reliance on referendum funding.
Treble opened by highlighting school achievement: Speedway High School was named the fourth-best public high school in Indiana for the prior year. He presented district assessment comparisons and stressed that the budget is designed to support classroom instruction, noting that the education fund pays for teacher salaries, supports and curriculum while the operations fund covers facilities and noninstructional costs.
Treble explained the budgeting process depends on enrollment (average daily membership) and that small changes in student counts affect education-fund revenue. He reported enrollment counts fluctuating in late August (examples given in the presentation: 1,696; 1,694; forecast to increase toward 1,700–1,800 by Oct. 1) and noted the state’s ADM count on Oct. 1 will determine final funding. Treble said the district plans modest teacher raises if enrollment holds steady.
He emphasized the local referendum as central to the district’s finances: the referendum supports neighborhood schools, small class sizes and higher teacher pay than nearby districts. Treble said the district will advertise rates and anticipates small reductions in some property-tax rates (operations, debt and the referendum rate) based on the new assessed value information.
Treble also discussed capital priorities including HVAC and field-house projects at the high school and noted the district’s bond issuance timeline, saying remaining financing steps are expected to close in October. He said referendum timing and changes in state law will require future community conversations about renewal and the window for placing referendum measures on ballots.
Ending: Treble thanked the council and said the district will continue to provide detailed budget documents to town staff and the council as timeline milestones approach.
