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Flint board adopts final 2024–25 amendment, initial 2025–26 budget and 2025 tax levies; CFO warns of multi‑year drawdown
Summary
At a combined annual budget hearing and regular meeting the Flint School District Board adopted a final amendment for 2024–25, approved an initial budget for 2025–26 and set 2025 tax levies. CFO Chandra Cleaves told trustees the district will reduce its fund balance over two years and highlighted lost grant revenue and enrollment declines.
The Flint School District Board of Education on a date noted in the meeting record approved a final budget amendment for fiscal year 2024–25, adopted an initial budget for 2025–26 and set the district’s 2025 tax levies after a public budget hearing and discussion.
The approvals came after an hour-plus presentation and questions from trustees. Chief Financial Officer Chandra Cleaves summarized the levy limits and the budget changes and described why the district’s fund balance will decline over the next two years.
Cleaves said the millage limits the district may levy for the 2025 tax year (for the period 07/01/2025–06/30/2026) are 17.8596 mills for the operating fund, 1.1703 mills for the sinking fund and 2.82 mills for the debt fund. “This comes directly from Genesee County,” she said while reviewing the levy breakdown and taxable values reported to the…
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