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Board adopts FY26 final budget and sets FY27 tentative budget and certified tax rates
Summary
The board adopted the district’s final legal budget for fiscal year 2026 and approved the tentative FY27 budget while setting tax rates at the certified levels. Staff cited multi-year pressure from rising salary/benefit costs and major construction projects that will reduce several fund balances.
The Ogden City School District board adopted the final legal budget for fiscal year 2026 and then approved the tentative fiscal 2027 budget, setting the tax rate at certified levels.
Business administrator Zane provided a fund-by-fund review and said the district ended FY26 about $4 million ahead of where last year’s budget projected, driven largely by carryover from the prior year and strategic fund management. Zane warned some funds will see notable declines next year as construction projects proceed. He said the food-services fund may require an interfund loan of roughly $138,000 to break even and that the district may need to transfer about $1 million from the general fund to the self-insurance fund.
Zane and other staff outlined major FY27 considerations: an estimated $4.8 million impact from salary and benefit increases — including a roughly 30% health-insurance increase, of which the district plans to cover 20% and employees 10% — anticipated construction spending close to $24 million (including the maintenance facility and Opportunity Center), and changes in state funding inputs such as the WPU (weighted pupil unit) assumptions. The superintendent discussed a new literacy-related line item that will provide roughly half a million dollars and an at-risk add-on increase of about $900,000.
On property taxes, staff recommended setting the tax rate at the certified rate so most taxpayers would see no increase in the total tax they pay despite rising property valuations. "Because we're going with the certified rate next year, the person in an average home will pay the same tax as they did in the prior year because the rate dropped," a district official explained.
The board voted to adopt the final FY26 budget and later to adopt the tentative FY27 budget and set tax rates at the certified level. The transcript shows the final‑budget vote recorded three affirmations and the tentative-budget/tax-rate motion recorded two affirmative transcript lines. Staff said they will present updates and will run required public notices and hearings as part of the statutory process for final tax-rate decisions.
