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Colonial School District finance committee proposes 3.5% tax increase to close $3.9M gap; highlights rising special‑education costs
Summary
Finance staff presented a proposed final 2026–27 budget showing a $3.9 million deficit and recommended a 3.5% tax increase; staff emphasized personnel and special‑education legal costs as primary pressures and outlined the 30‑day public inspection and June adoption timeline.
The Colonial School District finance committee reviewed a proposed final budget on April 6 that projects $164.88 million in revenues and $168.78 million in expenditures for 2026–27, creating a $3,896,839 shortfall. Finance staff recommended a 3.5% tax increase to help close the gap and urged a prudent use of reserves.
Finance staff explained the proposed final budget will be posted for public inspection after the April 16 school board meeting and must sit for at least 30 days before final adoption, which staff said is anticipated in early June. The finance presentation listed…
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