Springfield R‑XII board hears FY27 budget outlook, approves insurance, master plan, copier lease and track bid

The Springfield R‑XII Board of Education on Wednesday received an overview of FY27 budget development and approved several contracts and project bids, including an insurance renewal and a facility master plan recommendation.

Miss Stacell, who led the budget presentation, told the board the district is operating under the FY26 budget while preparing a final FY27 recommendation for June 23 to meet Missouri statutory requirements and board policy DB. She said local and state revenue together make up nearly 90% of operating support, about 60% of the district's revenue is locally funded, and roughly 80% of expenditures are for salary and benefits. "Budget development is driven by our strategic plan," she said, and flagged risks including possible reductions in state transportation aid, uncertainty in Prop C appropriations, and declining interest income.

Those concerns framed board questions about how changes to weighted average daily attendance (WADA/WAM) and shifts in Prop C calculations may affect district receipts. Stacell said the district reported an unrestricted ending fund balance of 28.58% last June and that projections in March showed about 25.32%, adding that board policy calls for a 15% minimum and the strategic plan target is 17%. "So we're a long…