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Maricopa Unified previews FY27 budget; projects $7M in available M&O and proposes 3% raises
Summary
Finance staff told the governing board on Feb. 10 that early FY27 projections show an M&O limit near $91.5 million, roughly $7 million in available ongoing revenue, and proposed a 3% raise for continuing staff along with $57,000 starting pay for first-year teachers.
Maricopa Unified School District finance staff presented an early preview of the fiscal year 2027 maintenance and operations (M&O) budget at the boards Feb. 10 meeting, projecting an ongoing M&O budget limit of about $91,500,000 and estimated ongoing expenditures of about $84,400,000, leaving roughly $7,000,000 in available ongoing revenue.
"The purpose of this presentation is to preview our early projections for the fiscal year 'twenty 7 budget," Mr. Harmon said, outlining calendar milestones that include a second M&O preview in April, a proposed budget approval and publication on June 10, and a public hearing before a final adoption in July or earlier.
Key drivers in the…
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