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Sto-Rox previews 2025–26 budget, flags possible tax increase up to index
Summary
District staff presented a preliminary 2025–26 budget showing revenues roughly 77% collected and expenses about 51% spent; leaders flagged rising costs — including a potential 500% electricity capacity charge — and said the board may budget for a real-estate tax increase up to the index pending further analysis.
Sto-Rox School District staff delivered a preliminary 2025–26 budget presentation and warned board members the district may need to budget for a real-estate tax increase up to the legal index as the financial-recovery process continues.
Miss Wagner, who led the presentation, said the district’s revenues were “currently at 77% of our budget, and our expenses are at about 51% spent, as of January 31.” She listed revenue items that staff expect to affect planning, including carryover Title IV funds (about $700,000 expected to be spent in 2025–26),…
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