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Board approves 2025-26 winter budget revisions after line-by-line review; fund-balance policy debated
Summary
Director of business services presented comprehensive winter budget revisions including bus purchases, literacy and REACT spend-downs, a $5.26 million construction draw and a $1.88 million transfer to unassigned fund balance to meet policy; the board approved the revisions and discussed whether the district's 12% fund-balance minimum should be raised.
The St. Francis Area Schools board voted to approve the 2025-26 winter budget revisions after administration presented a detailed line-by-line review.
What was presented: Director of Business Services (Dell) guided the board through changes across multiple funds. Key expense revisions included an operating-capital increase of $619,557 for bus purchases; literacy-related spend-downs (including Read Literacy Act and REACT training) and a transfer of $1.88 million from assigned fund…
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