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DeWitt schools project structural deficit as governor's budget and retirement changes alter revenue
Summary
District finance staff told the board that a $392 per-pupil foundation increase in the governor's proposal will be partly offset by retirement funding shifts and potential new health-care costs, leaving DeWitt with a projected structural deficit to address before June budget adoption.
DeWitt Public Schools finance staff warned the Board of Education that changes embedded in the governor's budget proposal and recent retirement funding adjustments leave the district with a structural deficit heading into the 2025-26 budget process.
Rob Spangler, Director of Finance and Operations, told the board the governor proposed a $392-per-pupil foundation allowance increase (about $1.2 million for the district) but that removal of a retirement-offset categorical reduced revenue by roughly $1.1 million. An additional one-time employee health-care reimbursement in the governor's proposal would add about $172,000, Spangler said; after netting those items and a projected retirement expense decrease, he said the district faced a shortfall of about $410,000 before other adjustments.
Spangler said the district began 2024-25 with an approved deficit and that, after accounting for…
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