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Board reviews final 2025–26 general fund budget and hears capital construction campaign update

Lake Stevens School District Board of Directors · August 13, 2025
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Summary

Assistant Superintendent Teresa Main presented the district's final 2025–26 General Fund budget and multi-fund outlook; Executive Director Robb Stanton and Dr. Gina Anderson updated the board on capital campaign outreach and scheduling. Superintendent Mary Templeton praised project coordination and professional development.

At the Aug. 13 meeting, Assistant Superintendent of Business and Operations Teresa Main presented a final review of the district's 2025–26 General Fund budget and the four-year outlook, including projected 2024–25 ending balances, revenue by source, expenditures by program, inflation assumptions and enrollment projections.

Main also reviewed other funds for 2025–26, including the Capital Projects Fund, Debt Service Fund, Transportation Vehicle Fund and the Associated Student Body Fund. The presentation summarized key budget factors and offered a multi-year view to help the board assess fiscal strategy as the district enters the new school year.

Executive Director of Construction and Planning Robb Stanton and Dr. Gina Anderson updated the board on the capital construction campaign, describing stakeholder outreach and how public feedback has been incorporated into design principles. Superintendent Dr. Mary Templeton praised Stanton and his team for coordination, saying that "When I saw Robb's checklist — highlighting an intentional and no-easy-task process — I knew we were fortunate to have him guiding these projects." Templeton also described attending GLAD Strategies training, calling it "a great four-day training," and credited staff leadership for supporting instructional improvement.

Board members responded with thanks for the clarity of reports and stressed ongoing communication and oversight as projects progress. The meeting adjourned at 7:56 p.m.