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Board outlines FY27 budget timeline and possible November ballot to address shortfall
Summary
Superintendent and district treasurer briefed the board on FY27 budget timing, the impact of 2025 property-tax reform and a $3.5M targeted reduction; board members were asked to consider whether a property tax or income tax proposal should be placed on the November ballot with key filing deadlines in July.
District administrators presented a compressed timeline May 4 for the fiscal year 2027 general fund budget and warned that state property-tax reform will introduce uncertainty into revenue projections.
Treasurer Mr. Romano told the board a draft FY27 budget will be presented at the May 18 meeting, with a finance-committee review in June and a board retreat June 13 to gather input. He said the district has committed to finding at least $3.5 million in reductions, including transportation adjustments and position changes already approved, but that…
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