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Mehlville R‑IX previews $168 million preliminary FY26 revenue budget, warns of uncertainty

2616311 · March 14, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Chief Financial Officer Marshall Crutcher told the Mehlville R‑IX Board of Education on March 13 that the district’s preliminary FY2026 revenue budget is $168,000,000 and that major state and local uncertainties — including a property tax freeze proposal and state funding shifts — could materially change final revenue.

Chief Financial Officer Marshall Crutcher told the Mehlville R‑IX School District Board of Education on March 13 that the district’s preliminary FY2026 revenue budget totals $168,000,000 and that “the theme of the budget this year is really uncertainty.”

Crutcher told the board the district expects more than 80% of revenue to come from three sources — local property taxes, the state formula/classroom trust and sales tax — and explained multiple variables that could increase or reduce revenue before the district adopts a final budget.

The local tax outlook is unsettled because 2025 is a reassessment year, Crutcher said. He said Senate Bill 190, described in the presentation as a real‑estate tax freeze, has an unknown effect on assessed values; the district is budgeting conservatively…

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