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Staff brief board on FY26 state bonus program and local match requirement
Summary
District staff outlined the state-authored $1,500 employee bonus program for FY26, reporting an estimated total cost of roughly $1.4 million, a state share of about $172,840, and a required local match to be funded from fund balance; the board must act prior to the May 1 intent-to-participate deadline.
Finance staff briefed the board March 31 on the fiscal-year 2026 state bonus initiative that provides a $1,500 bonus to eligible employees. The district estimate for the total cost was reported at roughly $1,400,421; the state share was cited as about $172,840 (around 22.98% based on the…
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