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District finance chief outlines stable mid‑year budget and warns PERS changes could add ~$1M annually starting FY 2028
Summary
Tom presented an enrollment and mid‑year budget update showing modest enrollment gains and stable revenues to date, then walked the board through a PERS valuation explanation that could raise employer costs by roughly $1 million a year beginning in fiscal 2028 absent other offsets.
Tom, the district finance presenter, updated the board on enrollment and the mid‑year budget and delivered a detailed explanation of recent PERS valuation dynamics and their local impact.
Tom said enrollment increased by four students in December (the transcript records the district total as '36 39' — the meeting transcript text is ambiguous) and that the district is roughly at the mid‑point in the fiscal year with revenues at about 62% year‑to‑date. He highlighted capital outlays (walk‑in…
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