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Burnsville board adopts $240.995 million FY2027 budget, certifies population estimate and approves related fiscal measures
Summary
The Board of Education approved the FY2026-27 adopted budget (all-funds revenues $228,915,000; all-funds expenditures $240,995,000), certified a population estimate that adds $5,269 in levy revenue, and approved several fiscal resolutions and the district's insurance coverage; the votes were unanimous and the population estimate resolution passed by a 6-0 roll call.
Tyler Daney, Director of Finance, presented the district's recommended FY2026-27 budget and asked the board to adopt the adopted budget "providing all funds revenues of 228 million, 915,000, and all funds expenditures of 240 million, 995,000." Daney said the budget will be revised during the year to reflect actuals, state and federal updates, enrollment and audit results.
The board approved the FY2026-27 adopted budget by voice vote. Director Anderson moved to adopt the budget and Director Mickelson seconded; the motion carried unanimously.
Daney also presented a resolution to certify the district's population estimate (determined by the state demographer), reporting an increase of 2,338 since the 2020 census. He said certifying the estimate would generate an additional $5,269 in general community education revenue compared with the prior year. Because this resolution required a formal roll call, the clerk called each director; the roll showed six in favor, none opposed, and the resolution was declared duly passed and adopted.
Later in the meeting the board adopted an updated resolution to designate proceeds from the sale of the Diamond Head parking lot as committed funds and to allow those funds to be used for demolishing vacant buildings; that resolution also passed on a 6-0 roll call. The board then approved a FY2026 committed fund balance action (carryover funds, facility rental funds and sale proceeds) consistent with policy 714.
Stacy Solvine, Executive Director of Administrative Services, presented proposals for property, casualty and liability insurance for 2026-27. She said the district solicited bids, placed cyber risk with Houston Casualty Company and achieved roughly a 4% reduction in liability cost while maintaining coverage; the board approved the recommended coverage with carriers listed in the board materials and noted the district dropped additional flood coverage for M.W. Savage so that facility will now be on the same plan as other buildings.
The board also approved routine governance items later in the meeting: updated school board goals and the superintendent's goals for 2026-27; both were adopted unanimously.
Votes at a glance: FY2026-27 budget — adopted (unanimous voice vote); Population-estimate resolution — adopted (roll call 6-0); Committed funds resolution — adopted (roll call 6-0); Committed fund balance — approved (unanimous); Insurance coverage — approved (unanimous); Board and superintendent goals — approved (unanimous).
Next steps: the district will finalize posting of the adopted budget, update the online fiscal dashboard and continue planned adjustments during FY2026-27.
