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Board approves financial report, first 2025-26 budget amendment and reviews PEP allocations
Summary
Johnson City Schools board accepted the financial report for the period ending Sept. 30, heard an explanation of local sales-tax flows to the PEP account and approved the first 2025—26 budget amendment that reallocates carryover reserves and budgets for increased virtual-program enrollment and a wireless upgrade.
The Johnson City Schools Board of Education approved the financial report for the period ending Sept. 30 and the district's first budget amendment for the 2025—26 fiscal year after staff presentations and discussion.
Finance presenter Leah Valley told the board that September revenues totaled $7,908,000, including local option sales tax receipts of $1,813,000. Sales tax collections were reported as up 6.4% year to date; she noted year-to-date revenues were 13.5% above the prior year but that the increase was skewed by state-funded teacher bonuses. September expenditures were $8,910,000, reflecting the normal early-year pattern where…
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