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Assumption Parish board warned of $505,000 loss this year and about $1.5 million next year as student counts fall
Summary
Officials told the Assumption Parish School Board that adjusted student counts will reduce state MFP funding, estimating roughly $505,000 lost for the remainder of this fiscal year and about $1.5 million for next year, and that the board will amend budget line items when adopting the new budget.
The Assumption Parish School Board received a budget briefing that projected a notable revenue shortfall tied to declines in student enrollment.
Finance staff told the board that, using adjusted Minimum Foundation Program (MFP) counts for Oct. 1, 2025 and Feb. 1, 2026, the district estimates about a $505,000 revenue reduction for the remainder of the current fiscal year and roughly $1,500,000 for the next fiscal year if lower student counts persist. "This is just estimating, seeing based off just on the loss of students what that would do," the finance presenter said, summarizing the figures and noting the numbers are estimates.
The presenter said the figures reflect partial-year impacts (March–June) for the current year and that the full-year effect will be greater next year: "So that's gonna be about 1,500,000," the presenter said. The board was shown an "estimated 2026 budget" that reduces MFP revenue line items and sets facilities and construction services to zero in the FY27 estimate as a planning exercise.
The briefing followed a sales-and-use tax report for January 2026 showing total receipts of $1,000,653.80 (up $92,146.43, a 6% increase). The board's share that month was $822,225.62 (an increase of $46,409.65), and the bond fund received $164,444.70 (an increase of $9,282.30).
Board members asked about priorities and potential offsets. A board member asked whether teacher salary adjustments would be included in the coming budget; an administrator said yes, and that staff and the superintendent's team would work with payroll staff to include a salary schedule change. The finance presenter said staff will not amend the adopted budget now but will bring adjustments when a new budget is adopted: "So we're not gonna do anything here as opposed to amend the budget. We'll still do that whenever we adopt a new budget."
What happens next: district staff will continue drafting the revised budget and present specific line-item amendments for board consideration during the formal budget adoption process.
