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Bolivar R‑I board approves FY26 budget, plans pay increases to meet new state wage rules
Summary
The Bolivar R‑I Board approved a nearly $39 million FY26 budget and a salary plan that raises base pay for certain schedules to meet recent state minimum‑wage requirements, projecting an added $554,000 in salary costs and roughly $650,000–$700,000 after benefits.
The Bolivar R‑I Board of Education on Tuesday approved a fiscal year 2026 budget that projects just under $39 million in revenue and increases to payroll to comply with new state wage requirements.
Chelsea Aberdand, district finance staff, told the board the district is budgeting local revenue, Prop C receipts and state formula dollars while remaining conservative amid pending state changes to assessed valuation. She said projected revenues could rise if the state assessment (SAT)…
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