Lake Stevens School Board reviews preliminary 2025–26 general fund budget and four-year outlook

Teresa Main, assistant superintendent of business and operations, presented the board with a preliminary second review of the Lake Stevens School District's 2025–26 General Fund budget, focusing on levy and bond data, enrollment projections, expenditure forecasts and a four-year fiscal outlook.

Main laid out calendar-year collection figures and compared levy and LEA data on a school-year basis, reviewed the district's projected 2024–25 ending fund balance, and described expenditure pressures for materials, supplies and other object categories. She also summarized the proposed Prototypical Funding Model for the upcoming school year and provided a four-year preliminary projection to help the board plan for ongoing costs.

"She then offered a comparison of levy and LEA data on a school-year basis," the district minutes state; the presentation included the latest inflation figures as of May 2025 and a detailed revenue-by-source and expenditure allocation review. The analysis flagged positive, negative and undetermined budgetary factors that will influence final adoption.

Board members praised the clarity of Main's presentation. SACo Secretary Yostina Mosa said Main "made the budget presentations clear and easy to understand," and Director Lund thanked her specifically for making complex budget information accessible to the board and the community.

The review did not include a final adopted budget; the board received the preliminary figures for further consideration and scheduled follow-up work ahead of formal adoption later in the budget calendar. No formal budget adoption vote occurred at this meeting.