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Board hears 2026–27 budget timeline and reserve plan aimed at protecting bond ratings
Summary
District finance staff updated the board on a revised 2026–27 budget schedule—preliminary approval April 28, final June 9—and a plan to hold $1,180,762 in budgetary reserve to shore up general-fund balance and Moody’s rating while administrators prepare detailed adjustments.
District finance staff told the board April 14 that the 2026–27 budget timeline must shift to allow adequate time to incorporate recent board decisions and comply with the state’s 30-day display requirement.
Mr. Strickler explained the administration will present a preliminary budget at the April 28 meeting and seek final approval on June 9 to ensure…
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