Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Smithville R-II board approves FY26 second budget revision; reserves remain healthy
Summary
The board approved the FY26 second budget revision after staff reviewed projections showing less than 1% variance in funds 1 and 2, a reserve ratio of 19.6% and total reserves cited at over $7,600,000; the revision included minor function adjustments and grant accounting updates.
The Smithville R-II Board of Education voted to approve the FY26 second budget revision after staff presented a detailed review of revenues, expenditures and variances.
District staff highlighted that anticipated revenues and expenses in funds 1 and 2 differed by less than 1% from prior projections and noted a reserve ratio of 19.6 percent. The presenter said district…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
