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Board reviews 2026 budget-adjustment scenarios and flags $104,000 workers' comp increase
Summary
District staff briefed the board on four 2026 budget-adjustment scenarios and flagged a projected $104,000 increase in the workers' compensation premium.
District finance staff presented updated 2026 budget-adjustment scenarios at the May 1 board meeting showing four options for operating and unassigned fund balance goals. The scenarios, originally presented in January, illustrate adjustments needed to target unassigned fund balance goals between roughly 8% and 10%.
Staff highlighted new items since the prior packet: an existing revenue source for contracted special-education director services not previously reflected; coding changes to fund portions of a high-school "success lab" using achievement integration funding rather than general fund; and a proposal to discontinue use of staff-development funds for the full-staff opening-day workshop and instead fund that from the general fund to allow the staff-development account to rebuild.
Board members asked clarifying questions about how staff-development allocations are managed. Staff explained the district divides the annual staff-development allocation among district-level and building-level allocations and allocates funds to individual requests as they arise rather than assigning dollars to individual staff accounts.
On expenditures, staff cited savings from staffing transitions and covering vacancies with existing staff where feasible. Separately, the district reported an anticipated increase in workers' compensation premiums, noted on the budget adjustments as $104,000; staff said they are currently soliciting quotes and will present liability and workers' comp rates to the board on May 15.
Staff reminded the board the May 1 documents were informational; the final proposed 2026 budget will come to the board for action on June 5.
Ending: The finance committee will continue to review scenarios and staff will return with finalized premium quotes and the full proposed 2026 budget.
