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Flint Board adopts 2025–26 final amendment, initial 2026–27 budget and 2026–27 tax levies
Summary
After a presentation from CFO Danielle Templeton, the board approved the final 2025–26 budget amendment, adopted an initial 2026–27 budget proposal, and set 2026–27 tax levies; CFO cited a $7 million M Foundation award and a projected use of general‑fund balance for 2026–27.
The Flint Board of Education voted to adopt a final amendment for the 2025–26 fiscal year, to adopt the district's initial 2026–27 budget presentation, and to approve the 2026–27 property tax levies after the board's budget hearing and discussion.
CFO Danielle Templeton presented the numbers and explained the main drivers: increased grant awards (including a $7 million grant from the M Foundation targeted to playground projects), facility and high‑school demolition/design dollars for the new Flint High School site, and adjustments to food service and capital funds. She summarized levy and mill components and said state aid per pupil was about $50 higher than the district's original projection.
Templeton reported the 2025–26 general fund amendment increased projected revenue from about $54.2 million to roughly $90.9 million (tied to grant awards) and that amended expenditures rose to approximately $99 million; the final budget used about $8.2 million of fund balance compared with an earlier projection of $12.6 million. For the proposed 2026–27 initial budget she said the district projected about $95.4 million in general‑fund revenue and $107.6 million in expenses, which would put the district on a path that could use roughly $12 million of fund balance annually without corrective measures.
Board members asked for follow‑up detail on restricted grant breakdowns, student activity fund history, and clarifications of terms such as "unappropriated fund balance" (CFO clarified it as the district's available fund balance). The board moved and approved the listed resolutions during the meeting as recorded in the minutes.
Actions recorded in the meeting minutes include: - Resolution 11.37: Adopt final 2025–26 budget amendment (motion moved and seconded; board recorded the motion and approved the resolution in the meeting minutes). - Resolution 11.38: Adopt initial 2026–27 budget (motion moved and seconded; approved). - Resolution 11.39: Approve 2026–27 tax levies (motion moved and seconded; approved).
The board requested administration provide a more detailed breakdown of restricted grants and a review of student activity fund history at a future finance committee meeting.
