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Niskayuna officials outline budget assumptions and a slim projected gap as thought‑exchange priorities emerge
Summary
District staff presented preliminary 2026–27 budget assumptions and fund‑balance projections, projecting a modest gap (~$1.5M, about 1.3% of the general fund) and an estimated year‑end unassigned fund balance below the 4% target. Staff also reviewed community feedback (ThoughtExchange) that will guide draft budget priorities.
District finance staff on Jan. 13 walked the board through early assumptions for the 2026–27 budget and monthly fund‑balance figures that will inform the budget calendar.
The district reported a voter‑approved budget total of $116,100,000 and restricted reserves (capital, tax cert, workers' comp, pension) totaling nearly $14,000,000 as of the 6/30/2025 audit. Assigned fund balance applied to the budget was $22,575,000 and the audit unassigned fund balance reported was $4,600,000.
Finance staff projected a year‑end deficit of $326,000…
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