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Board adopts amended FY2026 budget after public hearing; business office reports large operating deficit
Summary
After a public hearing, the board adopted an amended FY2026 budget. The business report showed April education-fund revenues of $6.3M, expenditures of $14.8M (an $8.5M deficit) and combined cash and investments of $89.4M; the amended budget passed on a 7–0 vote.
The Springfield Public Schools District 186 board adopted an amended fiscal year 2026 budget following a public hearing during the May 18 meeting.
Missus Burris presented the April business report: education-fund revenues for April were $6,300,000 and education-fund expenditures $14,800,000, creating an $8,500,000 gap for the month as reported to the board. The district reported combined cash balances across all funds of $47,800,000 and a total cash-and-investment balance for all funds of $89,400,000; operating (education, operations & maintenance, transportation and working cash) funds combined had $12,900,000 on hand.
After the public hearing on the FY26 amended budget, the board moved and seconded a motion to adopt the resolution presented by staff. The roll call recorded seven aye votes and the resolution adopting the amended FY2026 budget passed.
The record shows other routine business approved during the meeting: several consent-action items and personnel recommendations were approved, travel expense authorizations for certain board members were approved (motion passed 5–2), and the board approved specified student expulsions as presented by the superintendent.
What happens next: the amended budget is adopted for the current fiscal year; staff will proceed with the accounting and posting steps necessary to implement the adopted changes and continue reporting to the board.
