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Decatur superintendent presents FY27 draft budget as board weighs salary options and fund balance
Summary
CFO Dr. Lita Broom presented FY27 preliminary draft 2, which shows roughly $112.1M in revenue and $119.6M in expenditures and leaves an estimated ending fund balance of about $13M (10.85%). The draft includes several compensation options and a planned use of fund balance to balance the budget; the board approved a FY26 amendment to distribute the state one‑time salary supplement.
City Schools of Decatur staff on April 14 presented the district’s FY27 preliminary budget (Draft 2), detailing revenue projections, proposed personnel and compensation scenarios, and the tradeoffs between recurring compensation increases and one‑time expenditures.
CFO Dr. Lita Broom told the board that the draft anticipates total revenue of roughly $112.1 million and expenditures of about $119.6 million, with the difference to be covered by the district’s beginning fund balance. The projected FY27 ending fund balance under Draft 2 is just under $13 million, or about 10.85 percent of expenditures —…
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