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Orono board approves preliminary 2025‑26 budget, certifies population estimate
Summary
The Orono Public School District board on June 9 approved a preliminary $2025‑26 budget and certified a population increase that could affect levy revenue. Directors emphasized conservative enrollment assumptions, a recent $4.9 million bond sale for facility work and steady community education enrollment.
The Orono Public School District Board of Education approved a preliminary budget for fiscal year 2025‑26 and certified the district's updated population estimate at its June 9 meeting.
The board voted to adopt the preliminary budget after a presentation by Nick Tainter, the district's director of business services, who laid out revenue and expenditure projections and fund balances. The board also approved a resolution certifying the state demographer's population estimate, which rose from 12,711 (02/2023) to 13,359 (02/2024) and will be used in 2025 payable‑2026 levy calculations.
District finance officials told the board the preliminary total for all funds is roughly $70.51 million in revenues against about $71.00 million in expenditures for 2025‑26, with the general fund accounting for the majority of operating activity. Tainter…
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