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HILLSBORO R-III board approves 2026 budget amendment, moves millions into capital for HVAC and projects
Summary
The HILLSBORO R-III Board approved budget amendment No. 2 for fiscal 2026, including a recommended transfer to capital funds to support HVAC work and other projects; the board also approved roofing and asphalt contracts and several vendor agreements during the meeting.
The HILLSBORO R-III Board of Education on Nov. 6 approved Budget Amendment No. 2 for the 2026 fiscal year, moving an identified transfer to capital funds to support ongoing projects including a large HVAC investment.
Superintendent Dr. Isaacson and finance staff presented a three-year revenue-and-expenditure comparison, saying the district has realized roughly 21% of expected revenue and nearly 30% of planned expenditures at this point in the year because of summer capital work. The presentation noted year-to-date revenue is about $10,500 less than three years ago and that the district has recouped about $115,000 from other local education agencies for services such as juvenile-detention tuition.
The amendment package includes an…
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