Sto-Rox SD previews $7.5M in capital needs, recommends $5.8M transfer from fund balance
At a Sto-Rox SD board meeting, finance staff presented a preliminary 2026–27 budget showing roughly $7.5 million in outstanding capital projects and recommended transferring $5.8 million from unrestricted fund balance to the capital fund; the presentation also projected a 2026 shortfall just under $300,000 and noted the board does not plan to exceed the Act 1 index for next year’s millage.
The full story
Scott Reed, presenting the Sto-Rox SD preliminary 2026–27 budget, told the board that the district’s capital-improvement backlog includes about $7,500,000 in remaining projects — with the junior–senior high school among the most urgent needs — and recommended a $5,800,000 transfer from unrestricted fund balance into the capital fund to address health-and-safety work.
Sign up to keep reading.
Your free newsletter brings you what your city council, county, and school board discussed and decided.
Keep reading for free
Create a free account to finish this story and see the video, transcript and key details.
Continue with GoogleContinue with emailAlready have an account? Log in