Beloit School District board adopts balanced 2025–26 budget, approves $16.25 million tax levy

The Beloit School District board unanimously approved the district’s 2025–26 original budget and a total tax levy of $16,248,298 at its meeting on Oct. 27, 2025.

Board President Tia Johnson opened the meeting and noted the adoption must occur after the public hearing and on or before Nov. 1. Doctor Garrison, who introduced the presentation, thanked the business/finance office, administrators, the BEA teachers union and parents and said the administration had worked since June to present a balanced budget. “We were able to meet the board goal as it pertains to bringing a balanced budget to the conversation,” Garrison said.

Finance staff (Elwood) reviewed October 15 state revenue updates that produced final revenue-limit numbers for the district, reporting a final revenue limit above $75 million and membership of 6,207 (four students higher than the September estimate). Elwood said the district added approximately $471,000 to its fund balance for the year and that the district’s maximum revenue limit per pupil is $11,655 (a $325 increase). She told the board the state did not add new dollars to equalization aid for 2025–26 and 2026–27, a shift that…