Board reviews alternative tax budget, approves November financials and forwards tax budget to county

The Warren City School District treasurer outlined an alternative tax budget covering 07/01/2026–06/30/2027 and, in some instances, through 12/31/2027, and asked trustees to approve allocations of property-tax proceeds to key funds.

The treasurer said the draft tax budget identifies funds that receive property-tax allocations — including the bond retirement fund, a permanent-improvement fund (receiving 0.5% of collections) and a preventative-maintenance fund (also 0.5%) — and uses the district’s Oct. 25 revenue forecast to estimate 2026–27 collections and expenditures. The treasurer said the budget aligns with the board-approved capital-improvement plan and noted the county budget commission will review the district’s tax budget.

At the meeting the board also approved the November 2025 financial statement and short-term investments (exhibit 8). The motion to approve was seconded and passed on a roll-call vote. Trustees who participated in the roll call were recorded as voting yes in the meeting transcript.

Board discussion acknowledged that pending state legislative changes could affect county budget-commission authority and that the district is preparing a tax budget to present to that commission. The treasurer said the packet includes identification of outstanding bond debt and how tax-collection proceeds are expected to apply to debt service in fiscal 2027.

The board did not adopt a final tax rate at this meeting; administrators will return the budget and related materials to the county budget commission as required by state law and report back to the board with any required adjustments.