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Spring-Ford CFO outlines $5.8–$5.9M preliminary budget gap for 2026–27
Summary
CFO Jim Fink presented the proposed preliminary 2026–27 budget, forecasting a 3.44% expense increase, personnel costs at roughly 70% of the budget, a projected $5.8–$5.9 million preliminary gap and next steps including a Jan. 20 adoption of the preliminary budget at the work session.
Jim Fink, the district’s chief financial officer, presented the Spring-Ford Area School District’s proposed preliminary budget for fiscal year 2026–27 at the Nov. 24 board meeting, outlining revenue assumptions, cost drivers and a preliminary gap the district will work to close.
Fink told the board wages and related taxes and benefits make up about 70% of overall spending. He projected professional wages would rise about 5.3% (approximately $3.5 million) and administrative/support wages…
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