Carlisle board approves $2.8 million capital reserve plan and adjusts budget after state funding boost
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Summary
The Carlisle Area School District board approved a $2.815 million capital reserve spending plan for 2026–27 and adopted budget transfers to add roughly $729,410 in unanticipated state aid, allowing the district to avoid a planned draw from reserves.
The Carlisle Area School District Board of Directors on Thursday approved a $2,815,000 capital reserve spending plan for the 2026–27 year and a set of budget transfers to reflect an unexpected increase in state education funding.
During the finance committee report, a committee presenter summarized the proposal: the capital reserve plan includes roughly $2,290,000 for facilities work — HVAC units, painting, elevator upgrades and building repairs — and about $525,000 for technology needs such as lab computers and server upgrades. "So the total of proposed spending from the capital reserve budget is $2,815,000," the presenter said; the board approved the measure by voice vote.
Committee members also reported that the state budget passage on Nov. 12 produced larger‑than‑anticipated allocations to the district. "For basic education subsidy we will see $221,000 additional dollars ... totaling $729,410 more than we had anticipated," a finance presenter said. The board approved a budgetary transfer to add those funds to the appropriate line items and to increase the charter school expense line, while reducing earned interest revenue to reflect lower interest‑earnings forecasts.
The finance presenter noted the net effect on the district's planned reserve draw: because of the additional state revenues, the district no longer expects to withdraw a previously budgeted $563,000 from reserves "assuming the budget continues on pace." District staff also previewed revenue assumptions for next year and said a final budget will follow the usual multi‑month review.
Votes at a glance: the board approved the capital reserve spending plan, the budgetary transfer adding the state funds, and the district's November expenditures as presented. Individual roll‑call tallies were not recorded in the meeting transcript; motions were passed by voice vote with "aye" and "motion carries" recorded for each item.
The materials for the capital reserve plan and the budget adjustments were posted on agenda manager; the board will continue budget review in January and February as it moves toward a final budget later in the year.