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Liberty schools present $27.5M operating budget and first read of compensation plan; board hears $246.8M all-funds figure
Summary
At first read the district presented a preliminary FY27 operating budget of $27.5 million and an all-funds total of $246.8 million, explained declines tied to bond payoffs, and advanced a Team Liberty compensation recommendation to fund step and lane movement (estimated cost presented and subject to revision).
Liberty Public Schools staff presented a preliminary FY27 budget overview and a first reading of a compensation recommendation that would fund vertical step and horizontal lane movement for staff.
Cindy Sullivan, presenting the district’s budget overview, said the district’s operating budget is preliminarily set at $27.5 million and the total all-funds budget at $246.8 million. The all-funds decrease—about 29.5% year over year—reflects the payoff of 2016 and 2018 bond refundings and the winding down of capital projects, Sullivan said. She stressed that salaries and benefits remain the primary drivers of operating costs, composing roughly 79% of the operating budget.
Sullivan described the operating-budget composition as…
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