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Preliminary 2025–26 budget shows potential $483,000 general fund gap; board hears details on levies and capital placeholders
Summary
An administrator presented the district’s preliminary 2025–26 budget showing a potential worst‑case general fund shortfall of $483,000, a projected special education shortfall of $37,005.71, and capital outlay increases tied to placeholder projects for a middle‑school track and football field.
An administrator for Spearfish School District reviewed the preliminary 2025–26 budget at the May 12 board meeting, outlining revenue and expenditure projections, mill‑levy context and several items the district will monitor before adoption in June.
The administrator said the preliminary packet totaled roughly $30 million in budget pages and described a worst‑case scenario in which general fund expenditures could exceed revenues by $483,000. He flagged a…
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