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Superintendent Herman presents state of the district: revenue rise, tight margins, expanded free breakfast and program investments
Summary
Superintendent Herman told the board the district’s operating revenue was $49.7 million in 2024–25 with projected revenue near $55 million for 2025–26, noted $4 million in permanent-improvement funds, and outlined program costs, transportation needs and a new free breakfast program.
Superintendent Herman delivered a State of the District presentation summarizing finances, program spending and strategic priorities. He reported operating revenue for the 2024–25 year of $49,700,000, and said the district expects roughly $55,000,000 for 2025–26 after valuation changes and a Nexus settlement that the superintendent said should yield about $3,000,000 annually. He also noted the district receives about $4,000,000 per year in permanent improvement funds used for longer-lived capital needs.
Herman said 2024–25 expenditures totaled about $49,400,000, which left the district narrowly avoiding deficit spending. He emphasized that roughly 85% of the operating budget pays salaries and benefits for teachers and staff, while insurance and inflation remain cost risks. He noted the district is in the first year of a three-year contract with unions, which supports short-term budgeting.
Program-level…
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