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Orono board approves midyear budget update and projects modest reserve growth
Orono Public School District Board of Education · April 28, 2026
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Summary
The board approved a midyear revision to the 2025–26 budget. Director of Business Services Nick Tainter reported stable revenue projections (~$70.6M), a projected fund balance of about 6.53%, and $44.25M in bonded debt.
The Orono Public School District board voted to approve the district’s midyear revised budget for the 2025–26 school year after a presentation by Director of Business Services Nick Tainter.
Tainter told the board the district is projecting roughly $70.6 million in total revenues across funds with general fund revenues of about $46.7 million. He said the…
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