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Tea Area School District presents preliminary FY26 budget, forecasts a $153,000 deficit
Summary
District finance staff presented a preliminary FY26 budget based on a 1.25% state aid increase and enrollment budgeted at 2,562; projected general fund deficit is about $153,000, and capital outlay certificates totaling $7.5 million were approved for three years of projects.
The Tea Area School District presented its preliminary fiscal year 2026 budget and related finance projections at the June meeting. District financial staff said revenue assumptions include a 1.25% increase in state aid and a budgeted enrollment of 2,562 students, an increase of 25 students from the current year. "The per student allocation comes out to $7,005.47 a student," Speaker 5 said.
The presentation noted capital outlay revenue aligns with the capital outlay plan approved in March, but officials have…
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