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Superintendent warns of revenue pressure; recommends holding former Robert Frost site
Summary
Superintendent shared a state economic forecast that shows slowing growth and potential reductions in revenue streams that could affect K–12 funding, flagged a likely 25–30% drop in Title I federal funds, and reported the district's pending sale of a 14‑acre Robert Frost property was terminated during due diligence; administration recommended holding the site rather than relisting now.
During the superintendent’s report, administration shared a statewide economic forecast and local fiscal context for the upcoming budget cycle. The presentation noted that economic growth is slowing but a recession is not imminent; however, the forecast anticipates roughly a $954 million reduction in certain state general fund and lottery resources for the 2025–27 biennium and a modest decline in corporate activity tax receipts…
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