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Board approves first 2025–26 budget amendment; projects $12.86M ending fund balance
Summary
The board approved the district’s first 2025–26 budget amendment after a presentation showing higher-than-expected state allocations and grant activity, projecting $71.95M in revenue, $76.76M in expenditures and a $12.86M projected fund balance as of June 30, 2026.
The Woodhaven-Brownstown School District board on Jan. 13 approved its first amendment to the 2025–26 budget after a presentation from Mr. Smith.
Smith told trustees the district’s per-pupil foundation allowance came in higher than the June assumption — $10,050 per pupil, $25 more than anticipated — freeing over $100,000 that had been earmarked previously for the Great Start Readiness Program. He said audited beginning fund-balance figures increased to about $14,750,000, revenue is now expected at about $71,950,000 (a 2.1% increase), and total expenditures are projected near $76,760,000.
"I am projecting the fund balance to be $12,860,000," Smith said, representing about 16.76% of expenditures at year-end. Smith also noted an unanticipated loss of certain retirement-revenue (MPSERS) that reduced revenues for the district and a net increase in grant revenues to roughly $12,000,000, driven largely by a 31a at-risk allocation increase and prior-year carryover funds.
Grant-related expenditures were presented to net to zero with the grant revenues; the TOTE fund was reported at roughly $7,600,000 in activity for the year. The presentation also accounted for recent capital purchases (including a grounds truck) and modest increases in salaries and benefits tied to lane changes for teachers.
After the presentation the board approved the amendment and supporting resolutions by motion.
Next steps: the amendment was adopted at the meeting and will be incorporated into district financial records for the 2025–26 fiscal year.
