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Superintendent outlines preliminary 2025‑26 budget showing $1.4 million shortfall under current assumptions
Summary
Caledonia Community Schools' preliminary budget projects a $1.4 million shortfall for 2025‑26 based on the governor's proposed foundation increase and current expenditure assumptions; district administrators plan further amendments before the June budget.
Caledonia Community Schools Board of Education — Superintendent report: The superintendent presented a high‑level preliminary budget for 2025‑26 that, under current assumptions, shows a projected $1.4 million shortfall and a fund balance of about 9.3%.
Key assumptions and figures discussed: the district is using the governor’s proposed $392 per‑student foundation increase (which the superintendent said equates to approximately $1.9 million for Caledonia if adopted). The superintendent also noted the state reimbursement line for MPSERS retirement was proposed to be eliminated, creating a roughly $1.8 million negative impact. Included assumptions on expenditures account for current staff levels, step increases on salary schedules and a net 5% increase in health‑insurance cost projections; teacher and administrator contract negotiations were noted as ongoing.
On the positive side, the superintendent said the MPSERS district retirement rate shows a projected 1.45% savings equal to roughly $500,000. Using the district’s December‑amended budget as a baseline, the preliminary projection in the presentation listed revenue of about $70.3 million and expenditures of about $71.7 million, producing a $1.4 million projected shortfall and an estimated 9.3% ending fund balance under the current assumptions.
The superintendent cautioned that the December‑amended budget is still a projection, that another budget amendment will be presented in June and that audited numbers in the fall will set the formal fund balance.
Why it matters: The numbers underscore fiscal pressure going into negotiations, the upcoming millage election and planning for possible state and federal funding changes.
Board action/status: The presentation was informational; no budget adoption or formal vote occurred. The superintendent said staff will return with more detailed numbers and amendments in June and with the public posting of budget documents for review.
What comes next: A budget amendment is expected in June, and audited year‑end numbers will be available in the fall to finalize fund‑balance figures.
