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Board approves publication of 2025–26 budget; district cites balanced plan and steady levy rate
Summary
The board approved publishing the 2025–26 budget for public inspection: revenue and expenditures are reported at $56.7 million with fund balance ~$10.5 million; the tax rate remains at 6.94 per $1,000 and the projected levy is about $22.4 million.
District finance staff presented the 2025–26 budget publication package and asked the board to approve the formal publication required prior to the annual meeting and public inspection.
Presenter Speaker 12 described the document as a statutory publication format and emphasized that property values and student counts remain estimates. Key figures highlighted in the presentation: revenue and expenditures both at $56,700,000; fund balance approximately $10,500,000 (about 18.5% of expenditures); district equalized property value about $3.2 billion (a 3.6% increase); proposed tax rate to remain unchanged at 6.94 per $1,000 of equalized value and a resulting tax levy of roughly $22,400,000. The presentation noted $10,000,000 of referendum project costs remain in capital expenditures and that final budget adoption and levy approval are scheduled for October once auditors and final property values are confirmed.
Speaker 12 told the board this publication is what the public will see in local papers; after discussion, Speaker 6 moved to approve publication of the 2025–26 budget as presented, Speaker 4 seconded, and the motion was carried by voice vote. No roll‑call tally was recorded in the transcript.
