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Finance committee flags projected budget shortfall; board approves consent agenda including MCIU contribution
Summary
The board's Finance Committee reported a projected 2026–27 budget shortfall and previewed consent‑agenda items (stadium scoreboard and a capital grant request). The board approved the consent agenda, which includes a $58,424 contribution to MCIU (a 4.37% increase).
The Cheltenham School District finance committee told the board on Feb. 10 that preliminary projections for the 2026–27 budget show a significant shortfall that will require further discussions and public input.
"There is a significant, projected shortfall that the district is continuing to navigate and explore," the finance committee chair (Mr. Epps) said, urging continued…
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