Middleton District approves amended FY2025–26 budget and proposed FY2026–27 budget

The Middleton District school board approved an amended FY2025–26 budget and the proposed FY2026–27 budget during its June 8 meeting after a public budget hearing.

At the hearing, Mrs. Grants, the district presenter, said the district’s support unit count was amended to 206.6 for the 2025–26 year and that state funding increased by $84,131. She presented the district’s FY2026 general-fund revenue as $40,151,240 and said the projected fund balance at the end of the year would be $1,893,391.

Looking ahead, staff outlined the FY2027 picture: the district expects to bring a carryover balance of about $1.8 million and to rely on a combination of local, state and other state revenues. Contingency reserves for the proposed 2026–27 general fund were presented at about $1,648,327. Mrs. Grants told the board the district anticipates some decreases in purchased services, supplies and capital outlay compared with FY2026.

Bond payments were highlighted as a driver for levy planning. The district reported a principal payment due Sept. 15, 2026, of $2,935,000 and an interest-only payment on March 15, 2026, of $869,720, for a total roughly $3,804,720. The district expects to apply about $3,700,000 from school-facilities funds toward that obligation, leaving an estimated levy need of about $104,720.

After the presentation the board moved and approved the amended 2025–26 budget and then the proposed 2026–27 budget by voice vote, closing the budget hearing portion of the meeting.

The district indicated the proposed FY2027 budget reduces total spending across funds by about $2,759,710 (approximately 5.9%) compared with the amended prior-year totals, and that more detailed line-item review took place in a prior workshop.