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Osborn staff brief board on midyear budget revision to cover enrollment decline
Summary
Finance staff told the Osborn board Revision No. 2 to the FY26 maintenance and operations budget captures a decline of about 108 funded students (≈170 weighted units) with a revenue impact of roughly $875,000; the district plans to use $900,000 in FY25 carryforward as a one‑time offset and will address rightsizing in next year’s budget process.
Colleen McCabe summarized the district’s midyear maintenance and operations budget revision (Revision No. 2), telling the board the district is capturing a current year enrollment decline of about 108 funded students that compounds to roughly 170 weighted units. "It's just over $875,000 is the impact that those 108 kids had on our revenue to our maintenance operations budget," McCabe said.
McCabe explained that timing and accounting updates (completed AFR and carryforward approval from ADE) increased available capacity; the district is allocating $900,000 of its FY25 carryforward as a one‑time expense to offset the current year revenue shortfall while honoring existing staff contracts. "We're honoring all of our contracts. We're not rightsizing staffing based on losing 100 kids right now in the middle of the school year," McCabe said.
Staff emphasized the $900,000 commitment is one‑time; formal staffing adjustments and rightsizing tied to enrollment changes will be considered during the spring budget committee process for next year’s budget. McCabe also updated amounts for one‑time legislative funds that were not finalized earlier and noted a $175,000 line item for onetime adjustments tied to free and reduced and additional assistance programs.
At this meeting the board received the informational presentation; staff said a public hearing and a formal vote on the midyear revision will be scheduled at the next governing board meeting. The board also approved the consent agenda earlier in the meeting: Board member Thompson moved to approve the consent agenda, President Ramos seconded, and the motion carried.
