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Board approves adjusted 2025–26 budget and adopts proposed 2026–27 budget with $136,000 surplus noted
Summary
The board approved the adjusted 2025–26 budget and adopted the proposed 2026–27 budget; the adjusted 2025–26 budget shows a $136,000 surplus and a 5% fund balance, and the proposed 2026–27 budget reflects enrollment shifts and adds several positions.
Board finance committee member Gwen presented the adjusted 2025–26 budget and the proposed 2026–27 budget. The adjusted budget ends with a $136,000 surplus and maintains a 5 percent fund balance consistent with district policy.
Gwen explained that some projects from the prior year were added, reducing the surplus from last year’s roughly $300,000–$400,000 range to the current $136,000. The construction fund contains expenditures that will be reimbursed through the lease levy funds associated with the secure‑entry financing. Gwen also outlined the proposed 2026–27 projection, noting a decline in enrollment due to a smaller graduating class and kindergarten cohort, and that general education aid increases helped stabilize revenue.
The proposed 2026–27 budget includes additions of transportation and grounds positions, a clerical position in the district office, a teacher at the high school and an instructional coach to support reading requirements. Board members discussed tightening budget allocations going forward to align with projected enrollment and the MNBA/MNVA funding considerations. Gwen and Angie said they will continue to work on reconciliation and catch up on any amounts owed to MNBA.
A motion was made and seconded to adopt the proposed 2026–27 budget and to approve the adjusted 2025–26 budget; both motions carried. The board noted the budgets must be adopted before July 1 and scheduled the regular July meeting to continue oversight.
