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Preliminary 2026–27 budget presented; district projects 3.5% tax-related increase and gaps to address
Summary
District finance lead presented a preliminary Act 1 budget showing a proposed 3.5% real-estate-tax-related increase, projected revenues of $154,118,000 and expenditures of about $161,181,000; staff emphasized this is a preliminary, nonfinal step on the Act 1 timeline and not an approval to exceed Act 1 limits.
Centennial School District staff presented a preliminary budget overview at the Feb. 10 meeting as the board moves through the Act 1 timeline after voting not to adopt an accelerated opt-out. The presenter emphasized several times that the plan shown is preliminary and not a final budget or an automatic tax increase.
"This budget is referred to as the preliminary because…
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