Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Budget FY27 topic
No spam. Unsubscribe anytime.
Woodland CCSD 50 hears tentative FY27 budget presentation; district flags revenue uncertainty
Summary
District finance presenter reviewed the tentative FY27 budget, noting higher capital-projects receipts (including an E-rate reimbursement), about $97 million in local tax-derived revenue, projected state revenue near $9 million and federal revenue about $3.7 million; evidence-based funding figures are expected in August and public notice will run July 7.
The Woodland CCSD 50 board received a presentation on the district’s tentative FY27 budget that outlined revenue assumptions, timing for public notice and the next steps toward formal adoption.
Chris, the presenter, said the district follows a three-step cadence: a written report in May, a tentative budget presentation in June with line-item numbers, and a formal adoption at the September governing board meeting. He said the district will place the required public notice in the July 7 edition of the Daily Herald and provide an August update once state evidence‑based funding amounts are known.
On revenues, Chris said the capital projects fund is slightly higher this year partly because of an anticipated E-rate reimbursement tied to a middle-school cabling project. He described the education fund as carrying the bulk of expenditures and emphasized uncertainty about interest rates going forward.
"Local when you're looking at revenue and our budget, 97 million," Chris said when reviewing local revenue sources, adding that the district expects roughly $9 million from the state and about $3.7 million from the federal government. He also said the district typically shifts levy revenue among funds and that 94 percent of local revenue derives from the tax levy.
Chris warned the board that evidence‑based funding numbers — which affect final state allocations — will not be known until August and that transportation and other line items may change once those figures are finalized. The presenter noted the district will funnel more levy revenue into the education fund to meet instructional needs and that interest-rate movements could affect capital-project income.
The presentation closed with procedural reminders about public notice and the September adoption timeline; no final board vote on the tentative budget is recorded in the provided transcript segments.
The board is expected to receive an updated budget outlook in August and to consider budget adoption during the September meeting.
