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District projects multiyear deficit but retains positive certification in second interim report
Summary
The Lancaster School District’s second interim budget projects a first‑year deficit of about $38.9 million with multi‑year deficit spending but maintains a 3.78% reserve, meeting the state’s positive certification requirement.
The Lancaster School District presented its 2025–26 second interim budget to trustees, showing multi‑year projected deficits driven by one‑time spending and personnel costs but maintaining the state‑required minimum reserve.
The presenter summarized revenue and expenditure assumptions and figures. "The ongoing revenues ... is $239,550,000," the presenter said, and reported total state revenues of $255,700,000, federal revenues of $14,420,000 and local revenues of…
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