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Lake Stevens School Board adjusts levy projections in four-year budget outlook
Summary
The Lake Stevens School Board approved a minor revision to its four-year General Fund outlook, increasing projected local tax (levy) revenues for calendar years 2027 and 2028 to better align with recent collections; staff said the change preserves a 5% fund balance directive.
The Lake Stevens School District Board on Aug. 7 approved a staff-recommended revision to the four-year General Fund outlook that raises projected local tax (levy) revenue for the district's upcoming levy collection period. Assistant Superintendent Teresa Main told the board the change aligns projected collections with recent experience and preserves the district's 5% fund balance directive.
Main said the calendar-year 2027 Local Taxes figure in the district's outlook was revised from $24,221,066 to $25,652,330 and the 2027/28 Local Taxes figure was revised from $25,301,614 to $28,026,350. She said the 2027 calendar year will be the first year of a new levy collection period and that the adjustment increases total revenue for those periods while allowing the district to maintain current programs and staffing levels.
Board members did not ask for additional changes; Main said no other budget funds were altered. The board recorded this item as an information/discussion matter in the meeting materials and did not adopt a separate ordinance or resolution during the session.
The revision comes as the district prepares for a new levy cycle and continued outreach about a proposed bond. Superintendent Dr. Mary Templeton said she will advocate for public education funding and described district outreach at community events such as Aquafest and the Farmer's Market.
