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Salem‑Keizer board adopts 2025–26 budget, authorizes $15.5 million intra‑year transfer to pursue real estate moves
Summary
The Salem‑Keizer School District board on June 10 adopted the 2025–26 budget and approved a corrective transfer of appropriations for 2024–25 that includes up to $15.5 million to pursue real‑estate opportunities; board members urged caution about long‑term sustainability.
The Salem‑Keizer School District Board of Directors on June 10 adopted and appropriated the district's 2025–26 budget and, in a separate resolution, authorized transfers of appropriations within fiscal year 2024–25 that include a $15,500,000 reallocation to allow the district to pursue real‑estate opportunities.
Board action came after the formal 25‑26 budget hearing, during which Superintendent Castaneda said the document is the same one reviewed by the budget committee and that it positions the district to expand staffing and services now while requiring careful attention to mid‑ and long‑term financial…
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