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KIRKWOOD R-VII board adopts 2025–26 budget, approves May financials
Summary
At its June 23 meeting the KIRKWOOD R-VII Board of Education approved the district's final 2025–26 budget and accepted May financial statements; the presentation included May revenue and expenditure figures and staff noted this was the finance director's final budget presentation before retirement.
The KIRKWOOD R-VII Board of Education voted June 23 to adopt the district's final 2025–26 budget and to approve May 2025 financial statements.
District finance staff presented May operating revenue of $11,300,000, with current tax revenue of $8,200,000. Operating expenditures for May were $7,100,000. The maintenance fund recorded a principal-and-interest payment of $616,000 on the 2021 HVAC lease; the technology fund made a final principal payment of $378,000 on the 2022 Apple laptop lease. The presenter said the final payment on the HVAC lease will be made next year.
The board approved the presented financial statements and adopted the 2025–26 budget by voice vote. Board members moved and seconded the motions as follows: approval of the agenda was moved by Kathy and seconded by Hepburn; the consent agenda (items 5.02–5.13) was moved by Neiman; approval of May financial statements was moved by Sean and seconded by Kathy; and adoption of the 2025–26 budget was moved by Neiman. Each motion passed; the meeting record shows the board responded "Aye" and the chair declared the motions passed. The transcript does not list a roll-call tally with individual yes/no votes.
Finance staff thanked the budget-and-finance committee and district staff Shannon Orlop and Scott Harmon for assistance preparing the budget. Several board members offered personal thanks to the finance presenter, identified in the meeting as Mike Romain, noting this was his final budget presentation before retirement.
Votes at a glance: - Approve meeting agenda (motion: moved Kathy; second Hepburn) — passed by voice vote. - Approve consent agenda items 5.02–5.13 (motion: moved Neiman) — passed by voice vote. - Approve May 2025 financial statements (motion: moved Sean; second Kathy) — passed by voice vote. - Adopt 2025–26 budget as presented (motion: moved Neiman) — passed by voice vote.
The budget presented on June 2 included one revision and no further changes were reported between the June 2 work session and the June 23 adoption. No implementation schedule or effective-date provisions for the budget were stated during the meeting.
