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Elko County School District adopts FY 2025–26 budget despite projected revenue shortfalls
Summary
The Elko County School District Board approved the final fiscal year 2025–26 budget after a detailed presentation from district finance staff that highlighted enrollment declines, a projected draw on reserves and several one-time and ongoing cost pressures including PERS increases and insurance costs.
The Elko County School District Board of Trustees approved its final budget for fiscal year 2025–26 after a presentation from district finance staff detailing spending pressures and planned cuts.
District finance staff member Cassie Stolke told trustees the district budget reflects enrollment and funding uncertainties and cost increases, saying, “Revenues have been pretty much budgeted flat within the governor's projected budget.” The board voted to adopt the budget as presented; the motion was made, seconded and passed on voice vote.
Why it matters: the adopted budget projects a substantial drawdown of the district's reserves and includes both one-time and recurring increases that will affect services and staffing decisions. Stolke told the board the district began the year with an opening fund balance of about $12.9 million and is projecting an ending general-fund balance near $5.97 million for FY26 under the adopted plan.
Key numbers and…
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