Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Preliminary 2025–26 budget shows possible $483,000 general‑fund gap; board to review before June adoption
Summary
District staff presented a preliminary 2025–26 budget showing a worst‑case general‑fund shortfall of $483,000, a potential special‑education gap of about $37,006 and options tied to mill levies and capital outlay decisions; the board will finalize the budget in June.
A district staff member presented the Spearfish School District 40-2 Board with a preliminary fiscal 2025–26 budget on May 12, outlining a possible $483,000 shortfall in the general fund if the district spends to all budgeted amounts and a projected special‑education shortfall of approximately $37,005.71.
“The biggest number that, catches my attention anyway is the $483,000 that expenditures and general fund exceed revenues,” the budget presenter said, describing the figure as a worst‑case projection. The presenter asked the board to focus on summary pages and noted that line‑by‑line detail is available on…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
