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Hillsboro superintendent outlines budget status, enrollment decline and county property‑assessment volatility
Summary
Superintendent reported on district finances, declining enrollment in Jefferson County and large swings in assessed valuations; he warned the Hancock Amendment’s rollback limits could complicate long‑term revenue stability.
Superintendent Dr. Isaacson (identified in the meeting as the district superintendent) provided a detailed financial update, reviewed enrollment trends and presented county property‑assessment data showing wide year‑to‑year volatility that could affect local school revenues and future tax decisions.
Dr. Isaacson told the board the district budgeted roughly $45 million in revenue for the fiscal year and had realized about $36 million (approximately 80%) through April, with three months left in the fiscal year. Expenditures were…
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