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Sto‑Rox projects nearly $1M shortfall for 2026–27; board considering 0.5–1.0 mil tax scenarios
Summary
District budget presentation projected a $992,650 shortfall for 2026–27 (not including potential teacher salary settlements); Scott Reed outlined three millage scenarios the board may consider to close the gap and noted continuing uncertainty in state and federal revenues.
Scott Reed presented the 2026 budget development outlook to the Sto‑Rox School District board and told members the district is projecting a shortfall of $992,650 for the 2026–27 fiscal year under baseline assumptions.
Reed said the projection does not yet account for possible teacher contract settlements and identified major cost pressures including potential charter‑school tuition increases, higher health‑insurance premiums and capacity charges for electrical…
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