The Oxford Area Board of School Directors on Nov. 18 approved routine financial reports, payment of bills and budget transfers and heard an administration update on state budget impacts.
Treasurer’s totals read into the record included a general fund bills amount of $3,380,345; cafeteria fund $133,100; capital projects fund $11,142; and payroll distribution $3,378,020. The board approved payment of bills by voice vote after a motion and second. The minutes do not contain a roll‑call tally for the vote.
Administration reported that, under the state's formula, the district is receiving just over a 10% increase in funding compared with last year, representing about $1,950,000 in combined increases to the block grant, basic education and special education allocations. The report included an estimated $338,000 savings on projected cyber charter tuition due to a newly enacted cap. The administration cautioned that the final figures may change when actual enrollment is applied.
The board also approved budget transfers for the 2024–25 school year totaling $6,300,000 and set the 2025–26 per‑pupil allocation (general fund) at $176. The consent agenda recorded an Act 80 day on 01/23/2026 for the 2025–26 calendar.
Why it matters: the actions set short‑term fiscal commitments and reflected preliminary state funding increases that will affect the district’s 2026–27 budget planning.
Attribution: fund totals and budget figures were read by the board/treasurer in the meeting and by an administration representative during the state‑budget update.