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Monticello schools project tighter budgets after enrollment drop; district outlines $1.8M–$2.5M adjustment targets
Summary
Director of Business Services Tina Burkholder told the Monticello School Board that enrollment declines are shrinking state aid and that the district will need multi-million-dollar “budget alignment” actions across scenarios to preserve an 8% fund balance.
Director of Business Services Tina Burkholder presented the Monticello Public School District’s revised general-fund forecast on Jan. 27, telling the school board that lower enrollment and shifts in state aid require multi-year budget adjustments to maintain the board’s fund-balance policy.
"Overall, our revenue budget is going down about 300,000," Burkholder said in presenting a revised revenue and expense picture and a set of three scenarios tied to likely state funding changes.
Why it matters: The district reported an October 1 head-count shortfall that reduced levy and state-aid projections. Burkholder said the district now expects to need between $1.7 million and $2.5 million in budget alignment in coming years — depending on state funding for general education and other one-time aids — to keep the district’s fund balance near its 8% lower target.
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