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Board member warns Upper Perkiomen faces $8.68 million projected deficit; calls for full-board financial briefing
Summary
During board comments a director warned the district faces a projected $8.68 million deficit for 2026–27, urged a full-board presentation of committed/assigned/unassigned fund balances and a formal plan for minimum reserves and multi-year budgeting.
A board member warned that the Upper Perkiomen School District is projecting an $8.68 million deficit for the 2026–27 school year and urged the full board to review the district’s complete financial picture before budget decisions are finalized.
The speaker said projected expenditures are $88.7 million against revenues of $80.3 million and noted that the district’s general fund balance totals $13.4 million, of which only $2.6 million is unassigned and freely available for operations; the district’s capital reserve was cited at…
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