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Rockwood presents FY2026–27 proposed budget with multi‑million state funding reductions; board urges contingency planning
Summary
District finance staff presented a proposed FY2026–27 operating budget showing roughly $279.4 million in recommended operating revenue, a projected $11.6 million use of reserves and a projected fund balance of about $91.9 million (31.6% of expenditures); presenters said state funding changes reduce revenue by about $11 million across two years and urged contingency plans.
District finance leaders presented the proposed FY2026–27 budget and outlined multi‑year revenue pressures tied to state funding changes and enrollment declines.
Presenters said updated state guidance and formula changes have reduced current‑year revenue and that the district now projects a $3.3 million decrease this year and a further $8 million reduction next year — roughly $11 million across two years. The administration recommended an operating revenue figure of about $279.4…
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