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Lawton Community Schools approves amended 2025-26 budgets and 2026-27 projections
Summary
The Lawton Community Schools Board of Education unanimously adopted amended budgets for fiscal 2025-26 and approved projected budgets for 2026-27 across the General Fund, Food Service, Student Activities, and Lawton Little Learners funds, including $903,000 committed for capital expenditures in the General Fund projection.
The Lawton Community Schools Board of Education unanimously approved multiple budget measures June 15, adopting a 2025-26 General Fund amendment and approving projections for the 2026-27 fiscal year across several funds.
The board approved the General Fund amendment for FY 2025-26 reflecting revenues of $15,475,045 and expenditures of $15,334,100, producing an ending fund balance of $6,451,277. For FY 2026-27 the board approved a projected General Fund with revenues of $15,599,336, expenditures of $15,790,743, and an ending fund balance of $6,259,870; that projection includes $903,000 committed for facilities, technology, transportation and curriculum capital expenditures. Both motions passed by roll call, 7-0.
Board members said the Finance Committee had reviewed amended and projected budgets in meetings June 1 and June 8 and recommended the resolutions. The Student Activities Fund amendment and projection for 2025-26/2026-27 were adopted with revenues and expenditures each listed at $190,000 and an ending fund balance of $132,949. The Food Service Fund amendment for 2025-26 shows revenues of $1,012,800 and expenditures of $1,261,030 (ending fund balance $280,916); its 2026-27 projection lists expenditures of $1,034,462 and an ending fund balance of $259,254. The Lawton Little Learners Fund amendment for 2025-26 records revenues and expenditures of $224,105 (ending balance $0) and the 2026-27 projection lists revenues and expenditures of $251,769 (ending balance $0). Each fund resolution passed by recorded vote, 7-0.
Finance committee members noted the committee considered a long-range financial forecast and administrative wages as part of its review. The unanimous votes complete the board's formal adoption of the amended and projected budgets; administration will implement the budget changes during the 2026 fiscal year cycle and incorporate the committed capital expenditures into capital planning.
