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Board approves amended 2025–26 budget after revenue and expenditure adjustments
Summary
The board voted to approve an amended 2025–26 budget that adds roughly $1.2 million in projected revenue (including an added $1 million to the basic formula) and records major expense changes such as a $3.3 million roofing expenditure; the motion passed by voice vote.
The Board of Education voted to approve an amended budget for the 2025–26 school year after staff presented revenue increases and expenditure adjustments.
Staff summarized the revenue changes: an increase in delinquent taxes of $125,000, $30,000 added to investment earnings, a $55,000 increase in preschool parent pay, and a $1,000,000 increase in the state basic formula estimate—totaling about $1,200,000 in additional projected revenue. (Staff member, speaker 2)
On the expenditure side, staff noted payroll accounting adjustments tied to a new payroll purchase order, the addition of coding for the early childhood center (building code 7500), and a large roofing expenditure increase (from $250,000 to $3,300,000) attributable to the timing of insurance proceeds and claims. Staff also reported purchase of four buses and included that cost in the amended budget. "We purchased 4 buses, and that cost $556,000.430," the packet noted. (Staff member, speaker 2)
Board member motioned to approve the amended budget; the motion was seconded, put to a voice vote and carried with no recorded opposition. The board proceeded with other business after the vote.
The amended budget materials were provided in a binder to trustees and will be reflected in the district’s public budget documents. The superintendent and business office staff said they will continue to monitor revenues and expenditures as actual results are recorded.
