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Upper Adams SD board directs staff to prepare preliminary budget at 4.9% ceiling as members urge expense review
Summary
Facing a projected variance, the board asked staff to prepare a preliminary budget that allows a 4.9% maximum tax increase while continuing to explore expense reductions, capital priorities and use of fund balance; members emphasized caution about relying on unconfirmed state funding.
At a meeting of Upper Adams School District committees, district staff presented the preliminary budget picture and asked the board for direction on how to present the preliminary budget for public review. Shelley, the district finance presenter, walked the board through revenue shifts, expense impacts and fund-balance constraints and asked how to prepare the preliminary budget ahead of the May 19 deadline.
Shelley said the district moved about $1.4 million from local revenue into state revenue to reflect homestead/farmstead credits and outlined how that change affects taxpayers. She also reviewed expense impact items (software renewals, a part-time executive director request from the Kanner Foundation, retirements requiring overlap…
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