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Charter School Authority approves FY2026 Budget Amendment totaling $39.2 million
Summary
The Charter School Authority Governing Board approved Budget Amendment No. 1 for fiscal year 2026, adding $1,288,608 to the adopted charter school budget to recognize prior‑year encumbrances, grants and a $268,000 use of fund balance for safety and security equipment. The amendment also authorizes 2.81 additional FTE for before‑and‑after care programs.
The Charter School Authority Governing Board of the City of Cape Coral approved Budget Amendment No. 1 for fiscal year 2026 on Jan. 13, increasing the charter school system’s budget from $37,919,009.40 to $39,208,005.48.
Nicole Reitler, the city’s budget administrator, told the board the amendment recognizes $737,000 in prior‑year encumbrances rolled forward and a $268,000 planned use of fund balance to purchase safety and security equipment. Reitler listed newly recognized intergovernmental and private…
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