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HILLSBORO R‑III board approves 2026 budget amendment, cites capital spending and teacher salary pressures
Summary
The HILLSBORO R‑III Board approved Budget Amendment No. 2 for fiscal 2026, moving funds to capital for HVAC and other projects, addressing higher‑than‑expected teacher salary costs and preserving an estimated 39% unrestricted fund balance, the board heard.
The HILLSBORO R‑III Board of Education on a unanimous vote approved Budget Amendment No. 2 for fiscal 2026 after a detailed presentation of the district’s revenues, expenditures and capital needs.
Superintendent Dr. Isaacson and the district’s finance staff told board members the amendment reflects updated year‑to‑date enrollment, known staffing costs and capital commitments. The package adds roughly $1,000,000 in net expenditures — largely to cover higher teacher salaries and benefits that exceeded earlier projections —…
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