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Board approves FY26 budget amendment; insurance proceeds to replenish contingency
Summary
Board approved a FY26 budget amendment that increased projected revenues by $1.7 million—primarily insurance proceeds related to Ashland storm recovery—and recommended any FEMA/CEMA insurance proceeds be used first to replenish contingency funds used for tornado-related expenses.
Saint Louis Public Schools presented and the board approved a fiscal year 2026 budget amendment at the Dec. 9 work session that increases projected revenues by roughly $1.7 million and adjusts contingency planning for storm-related expenses.
Chief Johnson explained the revenue increase came chiefly from an Ashland storm-recovery insurance payout of $1,500,000 and additional insurance…
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