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Peoria Unified CFO outlines FY2026 budget pressures, proposed pay increases and one‑time funding uses
Summary
CFO presented a FY2026 budget preview on June 11: declining enrollment and a projected state funding timing issue create a roughly $3M gap; staff proposed targeted raises, classroom site fund investments and using one‑time reserves to bridge near‑term shortfalls.
Peoria Unified finance leadership presented a draft fiscal 2026 budget framework to the governing board June 11, saying the district faces enrollment declines and uncertainty in final state funding that together create a near‑term budget gap staff is working to bridge.
Miss Myers, presenting the revenue and expenditure update, said the district currently models a roughly 1,000‑student decline for FY‑26 and that preliminary budget projections showed a combined impact of about $3.0 million from revised enrollment and current assumptions. She also warned the legislature could delay or partially pay the June state aid payment if a statewide budget supplemental is not approved — a risk…
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