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Ann Arbor school board adopts first FY26 general‑fund amendment after audit and updated state aid
Summary
The board approved the first FY26 general‑fund budget amendment after auditors confirmed a fund balance slightly better than projections; staff presented revenue decreases (roughly $314M→$307M) and an amended expenditure plan (~$311M) with projected ending fund balance near 5.7%.
Trustees approved the Ann Arbor Public Schools’ first general‑fund budget amendment for fiscal year 2026 after finance staff reviewed updated enrollment and state‑aid figures and a recently released audit.
Chief financial staff reported that audited results showed the district’s fund balance was about $3.6 million better than anticipated, but that updated…
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