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Livonia presents final 2025–26 budget amendment, projects 15% fund balance in proposed 2026–27 budget
Summary
Finance staff told the board the final 2025–26 amendment preserves a roughly 14.7% fund balance after revenue gains (E-rate reimbursement, Medicaid and new state transportation reimbursement) and expenditure shifts; the proposed 2026–27 budget assumes a $250 per-pupil state increase, a conservative 125-student enrollment decline and aims to maintain a 15% fund balance.
Miss Smith and Mrs. Aosta presented the district's final 2025–26 budget amendment and the proposed 2026–27 budget. They said the district remains on target to end 2025–26 with a roughly 14.7% fund balance and framed a recommended 15% fund-balance target as a financial-stability safeguard.
On the revenue side, staff cited a late E-rate reimbursement (approximately $880,000), an increase in Wayne County enhancement mill receipts, higher Medicaid fee-for-service reimbursements (to about $820,000), a higher-than-anticipated special-education (section 51) reconciliation, and a new state transportation reimbursement (noted in the May state-aid report at about $475,000). On the expenditure side, staff noted the reallocation of resource-room positions from grant funds back to the general fund (a $1.2–2 million added-needs upward adjustment in instruction), a $1 million increase in operations and maintenance (including approximately $600,000 for utilities), athletics equipment and contracted transportation increases, and growth in community services (early childhood staffing).
For 2026–27 planning, administration included conservative planning assumptions: a $250 per-pupil state foundation allowance increase in staff preparations, an assumed enrollment decline of 125 students for planning purposes, a 3% health-insurance hard-cap increase assumption, salary step increases under current contracts and modest retirement savings from staffing turnover. The proposed budget projects roughly $191.8 million in revenue and $192.1 million in expenditures, anticipating about a 15% ending fund balance. Staff will bring the formal adoption resolution and tax-millage details to the public hearing and next week's regular board meeting.
