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Chisago Lakes board accepts FY26 budget adjustments after district reports more than 200-student decline since 2020
Summary
Board approved FY26 budget adjustments to address declining enrollment, estimated revenue loss and rising costs. Staff reported an enrollment decline of more than 200 students since 2020 and said the district's unassigned fund balance is slightly below board policy targets.
The Chisago Lakes School District board on Monday approved adjustments to the FY26 budget after staff outlined multi-year enrollment declines and funding pressures the district said require spending changes.
District staff told the board the district is down more than 200 students since 2020 and estimated a conservative revenue loss of about $5.5 million tied to that enrollment decline. "We had a loss of enrollment and we're down over 200 students since 2020," a finance presenter told the board while outlining adjustments and assumptions.
Staff said the district ended June 30, 2024, with an…
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