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Tigard‑Tualatin board gets detailed budget update and warning on rising PERS costs
Summary
District finance staff told the board the 2024‑25 general fund closed with roughly $17.6 million (about 10% of resources) but warned that PERS employer rate increases and state budget uncertainty could add several million dollars of pressure in coming biennia.
The Tigard‑Tualatin School District received a detailed budget briefing that emphasized short‑term stability but flagged growing long‑term risks from pension rate increases and state funding shifts.
A district finance presenter summarized fiscal 2024‑25 results and the 2025‑26 outlook, saying the district ended 2024‑25 with a roughly $17,600,000 fund balance, about 10% of resources, after midyear cost‑saving measures and favorable revenue variances. The presenter noted $2.0 million in midyear savings from reduced…
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