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Superintendent reviews early 2025-26 budget priorities; tax cap estimate and state-aid timing noted
Summary
District CFO reviewed preliminary rollover budget assumptions, an early tax-cap calculation, and state-aid uncertainties; the board was told final aid runs will depend on the state budget expected in April.
The district finance officer briefed the board on early assumptions for the 2025-26 budget, noting a preliminary tax-cap calculation, enrollment-related volatility in state aid runs and upcoming capital-bond activity.
Key points: the district filed an early tax-cap calculation showing a tentative 5.06 percent limit driven largely by differences between building aid and debt service. The CFO explained that the timing of capital projects and the way aid is…
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