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Gilbert USD presents conservative FY2026 budget proposal; revises FY2025 carryforward upward
Summary
Gilbert Public Schools finance leaders presented a conservative FY2026 budget proposal and won approval for a technical Revision No. 4 to the FY2025 budget after identifying additional carryforward capacity.
Gilbert Public Schools finance officials presented a conservative FY2026 proposed budget and sought board approval to advertise the budget for public hearing; trustees also approved a small technical revision (Revision No. 4) to the FY2025 expenditure budget.
At the June 10 meeting, district staff told the board that the FY2026 proposal assumes a conservative enrollment decline (the team used a worst‑case projection of a 1,300‑student ADM loss for planning), a 2% base inflation increase in the governor’s proposed budget assumptions, a modest increase in teacher experience index funding and an anticipated $1.0 million loss in IDEA federal funds that would need to be covered by the maintenance and operations budget.
Revision No. 4 approval
Finance staff explained that, while preparing final forms for the state, they identified an additional…
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