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Beloit School District adopts balanced 2025-26 budget, approves $16.2 million tax levy
Summary
The Beloit School District board unanimously approved a balanced $2025-26 budget and a fiscal-year tax levy at its Oct. 27 meeting, citing final October state revenue figures, a modest fund-balance increase and a 2.95% staff salary increase.
The Beloit School District board unanimously approved the district—s 2025-26 original budget and a fiscal-year tax levy at a meeting on Oct. 27, 2025.
Board President Tia Johnson called the meeting to order and, after presentations from district administration, the board voted to adopt the balanced budget and the tax levy by roll call. "We were able to meet the board goal as it pertains to bringing a balanced budget to the conversations," Dr. Garrison said during the presentation, thanking staff, administrators and the BEA for their participation.
The presentation to the board said the district—s final revenue-limit worksheet from the state (received Oct. 15) produced a higher mill rate than earlier estimates because the state did not add new dollars to equalization aid for 2025-26 and 2026-27. Finance staff explained the shift increased the local property taxpayer share of…
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