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Board adopts proposed FY2028 budget for March ballot and accepts financial report amid enrollment declines
Summary
Trustees adopted the proposed budget and election documents for the March ballot (millage unchanged at 46.4 mills), reviewed bond and fund balances and discussed a roughly 600-student enrollment decline that could reduce state foundation funding by about $9 million.
The Little Rock School District Board adopted a proposed budget of expenditures for the fiscal year beginning July 1, 2027 and ending June 30, 2028, and approved related election documents for the March 2026 school election. Finance staff said the district's millage rate would not change and remains 46.4 mills.
Staff reported recent capital activity: the…
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