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Spring Lake Park board approves FY2026 budget revisions; auditors and refunds drive debt-service changes
Summary
Board approved proposed revisions to the FY2026 budget after a presentation showing roughly $3.2 million in added general-fund revenue (about $1.2M ongoing), about $2.1M in added expenditures, a $780,000 solar grant, and debt-service changes tied to a bond refunding. Monthly December receipts included about $7M in state aid.
The Spring Lake Park Public Schools board unanimously approved revisions to the fiscal‑year 2026 budget after a staff presentation explaining revenue changes, projected expenditures and next steps for the FY2027 budget process.
Amy Schultz, presenting the budget revisions, said general-fund revenue is higher than originally adopted by about $3.2 million, of which roughly $1.2 million is ongoing. She noted enrollment held steadier than expected (the district had anticipated losing 35 students) with higher secondary enrollment and additional…
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