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CFO updates preliminary FY26 budget; board approves FY25 amendment adjusting operating forecast
Summary
Mehlville’s chief financial officer reported a $4.1 million formula increase to FY26 revenue and an expanded capital tax‑levy allocation; the board approved a FY25 budget amendment that raises the projected operating deficit to about $1.1 million, driven in part by accelerated computer purchases.
Marshall Crutcher, Mehlville R‑IX’s chief financial officer, presented a preliminary update to the district’s fiscal‑year 2026 budget and a formal budget amendment for fiscal year 2025 at the board meeting on May 22.
FY26 preliminary update: Crutcher said a formula change increased projected revenue for FY26 by about $4.1 million. On the capital side he estimated tax‑levy revenue going into the capital fund at roughly $19 million; the CFO said the operating side…
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