Livonia Public Schools committee reviews final 2024–25 budget amendment and proposed 2025–26 budget

At a June 16 Committee of the Whole meeting, Livonia Public Schools finance staff reviewed the final amendment for the 2024–25 school-year budget and presented a proposed budget for 2025–26, laying out assumptions about enrollment, state aid and reserves.

The district’s final 2024–25 general fund revenue was reported at $183,300,000, up modestly from an earlier projection of $183,200,000, and the proposed 2025–26 general fund revenue was presented at $188.4 million. Allison Smith, the district finance lead presenting the item, said the district expects an ending general fund balance for 2024–25 “of just over $30,000,000 or 16.1%,” a level she noted is within the Michigan School Business Officials’ recommended 15–20% range.

Why it matters: the board and administrators said the fund balance gives the district flexibility while the Michigan Legislature continues to negotiate the next state budget. District staff identified three near-term budget risks: lower enrollment, unresolved state school-aid decisions, and one-time revenue sources that cannot be relied on for recurring costs.

Key figures and assumptions - Final 2024–25 general fund revenue reported: $183,300,000 (final amendment). - Proposed 2025–26 general fund revenue: $188.4 million (proposal). - Projected ending…