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Grain Valley R-V reviews preliminary 2025–26 budget, flags state funding and tax-collection risks
Summary
Board reviewed a preliminary 2025–26 operating budget showing $66.09 million in revenues and a $192,752 projected surplus; administrators warned the state adequacy target increase is not yet final and $2.6 million in local property taxes is uncollected, affecting fund-balance projections and plans for bus purchases and staffing.
Grain Valley R-V administrators presented a preliminary 2025–26 operating budget showing total revenues of $66,086,933 and planned expenditures of $65,894,181, producing a projected surplus of $192,752.
The presentation emphasized that a large portion of the revenue change stems from an increase in the State Adequacy Target (SAT). “The legislature did increase the SAT. It is sitting on the governor’s desk. He has indicated that he is going to sign it, but it isn’t signed yet. So we’re building this budget on the assumption that the governor’s going to sign it,” Dr. Gooch said, urging caution because the district’s final revenues could swing by roughly $2 million depending on the final SAT amount.
Administrators also highlighted a local cash-collection issue: roughly $2.6 million in property tax receipts remain outstanding, including about $550,000 in protested assessments. That shortfall is the main driver behind a projected operating fund…
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