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City Schools of Decatur reviews FY27 draft budget, flags fund‑balance drawdown and recurring costs
Summary
Board and staff presented FY27 draft 1 showing proposed salary/benefit increases, one‑time investments and a projected drawdown of fund balance from ~20% to about 7.7% if draft spending holds; officials said the first draft will be revised to balance recurring costs and recommended moving only one‑time items from reserves.
City Schools of Decatur officials on March 10 presented the first draft of the fiscal year 2027 general fund budget and warned that, as proposed, recurring salary and benefit increases would reduce the district’s fund balance substantially.
In a 90‑minute budget presentation, Chief Financial Officer Lonita Broom said the district projects revenues will rise modestly but that expenditures are increasing by roughly $10.7 million in draft 1, driven largely by salary and benefit costs (about $7 million). The preliminary draft assumes $3.7 million in one‑time uses of fund balance (including ERP implementation and early childhood learning center start‑up costs) and projects an ending fund balance near 7.7% of expenditures if no…
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