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Benjamin SD 25 holds public hearing on FY26 budget amendment; no public comment
Summary
The board opened a public hearing on a FY26 budget amendment to account for capital costs tied to an Evergreen addition and an escrowed bond payment; staff said shifts in timing and lower investment earnings required the amendment. No members of the public spoke.
The Benjamin SD 25 Board of Education opened a public hearing on April 16 on a FY26 budget amendment that staff described as necessary to account for expenses that landed in FY26 rather than FY25.
A finance presenter told the board the amendment is driven chiefly by capital expenditures for an Evergreen addition that were not included in the original FY25 budget (the bills arrived in FY26) and by an escrow/bond payment related to the district’s 2018 bond. “We had some capital expenditures related to Evergreen's addition... when the bills came in FY '26, we had already passed the original budget,” the presenter said. The presenter also said lower investment earnings and timing differences in tax‑levy receipts had altered some fund balances, and that the district generally applies tax‑levy changes based on need rather than a straight CPI percentage.
Board members conducted a brief discussion, noted two specific causes for the amendment and opened the floor for public comment; no members of the public submitted comment during the hearing. The chair closed the hearing and the meeting returned to regular business.
Staff said the district would not spend excessive time on the amendment at the public hearing but would record the reasons and proceed with the administrative process required to amend the budget.
