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Issaquah School Board holds public hearing on 2025–26 budget amid enrollment decline and funding gaps
Summary
At a public hearing Aug. 7, Issaquah School District finance staff presented the draft 2025–26 budget, citing a projected 346-student decline and multi-million-dollar gaps between actual costs and state funding; the board discussed levy planning, equity-based budgeting, and next steps for adoption.
The Issaquah School District Board of Directors opened a public hearing Aug. 7 on the district's proposed 2025–26 budget, during which finance staff described enrollment and revenue pressures and outlined next steps toward formal adoption.
Mariah Banasik, the district's executive director of finance and budget, told the board the district projects a decline of 346 students for 2025–26 and estimated that drop will translate to roughly $4,000,000 in reduced state revenue. She said the district received an increase in the special-education multiplier that brought approximately $1,400,000 in additional funding, but added "there's still a gap between actual costs and state funding of about 9,500,000.0." Banasik also said the district adjusted planned curriculum investments last year, using a $5.8 million ending fund balance for…
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