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Southgate board approves FY26 budget amendment, adds $990,000 to fund balance
Summary
The Southgate Community School District board approved a fiscal‑year 2026 budget amendment that adds $990,000 to ending fund equity and yields an ending balance of $20,181,698; the change reflects a 4.6% per‑pupil state aid increase and a final student count up 105.
The Southgate Community School District Board of Education approved a fiscal‑year 2026 budget amendment at its Nov. 25 meeting that adds $990,000 to the district’s ending fund equity and produces an ending fund balance of $20,181,698.
A staff presenter told the board the amendment reflects recent changes in state aid and student counts: "This amendment would, add $990,000 to our fund equity at the end of the year, with an ending fund balance of $20,181,698," the presenter said. Staff said state aid increased the district’s per‑pupil funding by 4.6 percent and that the final headcount showed 105 more students than last year.
Board members asked how the 105‑student increase compared with the budget assumptions; staff said the figure is above last year’s enrollment and that the original budget had anticipated roughly a 100‑student increase. Staff also noted some staffing additions tied to enrollment and said costs related to upcoming collective bargaining negotiations had not yet been added to this amendment.
An unidentified board member moved to approve the amendment; the motion was seconded and approved by voice vote.
The board was offered additional backup materials and a PowerPoint overview that staff said would be distributed to members for deeper review and follow‑up questions by email.
