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Banks budget panel approves 2025-26 spending plan as state forecast turns uncertain
Summary
The Banks School District budget committee approved the 2025-26 budget on May 15, keeping current staffing but trimming discretionary spending after a state revenue forecast reduced expected funds and dimmed prospects for additional special education aid.
The Banks School District budget committee voted unanimously May 15 to approve the district's 2025-26 spending plan, preserving current staff levels while narrowing discretionary spending amid a weaker-than-expected state revenue forecast.
Brian, the district's budget speaker, told the committee the plan "maintains the staffing that we have now, but it is tight" and emphasized that roughly "85% of our budget goes towards staff staff members." He told committee members that a recent state revenue forecast showed far less revenue than expected and said that the district no longer expects additional K-12 investment this legislative session. "That prediction now is $800,000,000 less than they thought they would have in February," he said, urging conservatism in planning.
Why it matters: the committee's approval…
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