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Taylor County Board hears budget outlook, PEIA cost jump and $4 million projected carryover
Summary
Treasurer reported changes to state calculations that lower levy revenue and a 14% PEIA increase; administrators outlined capital priorities including a proposed bus garage site, turf and lighting projects and a projected $4,000,000 carryover into FY26.
The Taylor County Board of Education was told on Monday that state changes to personal-property calculations will shrink expected levy revenue while health-insurance costs for employees and the district are rising.
“We are still collecting over our excess levy amount,” Treasurer Dolan told the board and said the state’s recalculation reduced projected levy receipts: the general levy is down about $650,000 and the excess levy about $392,000. He added that “there is a 14% increase for PEIA, and that's for both sides of it,” referring to the employer and employee shares.
Dolan said those pressures come as the district continues several capital projects and that he currently projects “about a $4,000,000 carryover for next year, from this year to next year.” He cautioned that some funds are not yet finalized and carryover figures will be firmed up when FY25 expenditures are closed.
Administrators reviewed a list of near-term capital work the board should consider for the FY26 budget, including planned work at Flemington Elementary (asbestos removal and flooring), an LED lighting upgrade at the Scottie Hamilton gym, stage-curtain replacement and parking and paving questions tied to a newly purchased property being considered for a bus garage.
On athletics, board members and staff discussed coordinated timing and quotes for McKinney Field turf replacement, track resurfacing and lighting so crews and vendors do not have to rework newly completed surfaces. Facilities staff said they have received quotes and are exploring doing some projects as a package.
Dolan said the balanced budget will be presented April 29, posted for two weeks, and the board plans to approve and submit the budget to the state on May 20.
The board did not take final budget votes at Monday’s meeting; administrators asked members to forward any additional priorities ahead of the April 29 presentation.
