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Finance committee flags projected budget shortfall; board approves consent agenda including MCIU contribution

Cheltenham School District Board of Directors · February 11, 2026
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

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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