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Parkway Board approves 2025–26 fall budget adjustments after senior tax-freeze reduces revenue
Summary
CFO told the board county senior tax-freeze claims cost Parkway about $2.8 million more than expected; board approved fall budget adjustments, moving expenditures and revenues across funds. Motion carried 7–0.
The Parkway Board of Education approved fall 2025–26 budget adjustments (item 11.06) on Nov. 12 after a discussion led by Carrie Nunn, the district’s chief financial officer, who described revenue impacts largely tied to a county senior tax-freeze program.
Nunn told the board that about 13,300 parcels across St. Louis County applied for the senior credit and that Parkway’s rounded revenue…
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