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Bentonville board adopts $2526 operating budget, moves $17 million to building fund
Summary
The board unanimously adopted the FY2025–26 operating budget and approved transferring $17 million from operating to the building fund to cover capital projects without raising millage; the board also approved a special election procedure for the required millage vote after statutory changes.
The Bentonville School District Board of Education unanimously approved the district’s FY2025–26 budget and a $17 million transfer from the operating fund to the building fund at its Aug. 19 meeting.
Dr. Janet Swanhauser presented the budget rationale, citing three primary drivers: student membership (3‑quarter average daily membership), state foundation funding ($8,162 per student this year) and assessed property values. The presentation showed operating fund revenues of about $265.2 million and expenses of about $255.9 million, leaving a projected surplus of roughly $9 million.
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