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Keystone Oaks board adopts 2025–26 budget with 4% tax increase to cover $1.8M shortfall
Summary
The Keystone Oaks School District board approved the final 2025–26 budget, levying $21,944,200 and a 4% tax increase to address a projected $1.8 million deficit; officials said the plan relies on fund balance and tighter spending while promising community outreach on the changes.
The Keystone Oaks School District Board of School Directors voted on and approved the district’s final 2025–26 budget, adopting a 4% tax increase — the maximum permitted by the index — and levying $21,944,200 to address a projected $1,800,000 shortfall.
Superintendent (identified in the meeting as ‘Superintendent’) and finance staff told the board the district begins the year with an investment value loss of about $449,000 and that the proposed budget depends in part on using fund balance while leaders pursue expenditure reductions. The business…
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