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Budget update: district projects tighter reserves; board adopts 2026–27 calendar
Summary
Finance staff reported a $1.3 million net gain in 2024–25 but projected unassigned reserves shrinking to about $1.7 million after 2025–26; board adopted the 2026–27 calendar after discussion of professional‑learning days and fair conflicts.
Finance staff presented a budget recap and preliminary projections showing a narrowing unassigned fund balance heading into 2026–27.
The auditor‑close estimate for 2024–25 showed actual revenues near $37.0 million and expenditures about $35.0 million, producing a net gain of approximately $1.3 million and an unassigned fund balance of about $3.5 million after that gain. The administration’s projection for 2025–26 assumes revenue of roughly $35.5 million and anticipates an unassigned balance near $1.7 million at June 30, 2026 if current assumptions hold.
Finance lead Shirley Hollerchock cautioned that federal funding is uncertain and that the district must do line‑by‑line reviews of expenditures. She said health‑care costs and pension contributions remain material budget drivers; the draft 2026–27 budget assumes a 3% increase in many line items and a conservative 9.5% assumption for health‑care increases to avoid undercounting costs.
On the calendar, administration presented a 2026–27 draft with these notable changes: reduce August professional days from three to two, move a third in‑service day to October to allow staff time to digest early‑year changes, stagger open houses across buildings, and set the first day of students on August 24. The board discussed minor timing adjustments for clerical days and teachers with fair obligations and ultimately approved the calendar.
Next steps: budget committee will continue monthly line‑by‑line reviews; administration will return with updated revenue figures and any state funding determinations.
