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Greece Central staff outline 2026–27 budget assumptions as board adopts parameters
Summary
District administrators presented revenue and expense assumptions for the 2026–27 general fund, citing modest state midyear revenue gains but a three‑year state budget shortfall and material uncertainty for out‑year aid. The board adopted budget parameters and a timeline leading to a May 2026 vote.
Romeo Khalili, a district staff member, told the Board of Education during the pre‑budget hearing that the district will “use [the strategic plan] whenever decisions need to be made” as the anchor for the 2026–27 budget process.
Khalili and Janine Cushman, a district staff member, presented a revenue picture that mixes modest near‑term improvements with significant medium‑term risk. Staff reported that state midyear tax receipts are roughly $700 million higher than projected, and that midyear spending is down, but cautioned that the state projects a roughly $34.2 billion deficit over the next three years.
The presentation reviewed the items the district expects to be most predictable next year:…
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