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Business manager outlines 2025–26 preliminary budget; $3.5 million shortfall cited without final tax rate
Summary
Mark Glynn, the district business official, presented the preliminary expenditure budget timeline and a projected shortfall of roughly $3.5 million at current assumptions; he urged the board to monitor expected new assessment and transfer-tax revenue from a 176-unit residential development that could substantially offset the gap.
Mark Glynn, the district's business official, presented the 2025–26 preliminary expenditure budget to the board on Jan. 7 and outlined the schedule for adoption, application for Act 1 referendum exceptions and final budget approval in June.
Glynn presented the district's projected budget pressures and said the early-stage shortfall under current assumptions is about $3.5 million. "So here's our act 1 index number... Our projected shortfall is about $3,500,000," he said on the record.
Why it matters: The shortfall reflects known cost drivers — salary and benefits (about 65% of the budget), rising health-care renewal projections (Glynn referenced a first-pass 19.2% renewal), negotiated salaries and special-education…
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