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GMSD board approves FY26-27 general fund budget on first reading, includes 2% staff cost-of-living increase
Summary
The Germantown Municipal School District board approved the FY26-27 general fund budget on first reading, endorsing a 2% cost-of-living adjustment for all staff amid rising insurance, textbook and retirement costs and $3.7 million in operating reductions.
The Germantown Municipal School District board approved the district’s FY26-27 general fund budget on first reading after a presentation that framed higher personnel costs as the driver of a tight year. The motion to approve the first reading passed by roll call with every member voting yes.
Superintendent Mr. May summarized the budget’s key figures and pressures, saying the district expects roughly $700,000 in increased revenue tied to a higher state…
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