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Fruitport board approves MAISD 2026–27 budget resolution, L-4029 tax-rate request and federal capitalization threshold update
Summary
The Fruitport Community Schools Board unanimously approved the MAISD 2026–2027 General Fund Budget Resolution, authorized the L-4029 tax-rate request for fiscal year 2027, and updated the district’s capitalization threshold to match federal guidance.
The Fruitport Community Schools Board of Education on May 18 approved the Muskegon Area Intermediate School District’s (MAISD) 2026–2027 General Fund Budget Resolution and related finance actions, voting unanimously on each item.
Trustee Tim Burgess moved to approve the MAISD’s 2026–2027 General Fund Budget Resolution; Trustee JB Meeuwenberg seconded. The board discussed key revenue and expenditure assumptions in the MAISD budget, which projects total expenditures of $107,039,104 for the fiscal year. The motion passed on a roll-call vote of 7–0.
During committee reports, Trustee JB Meeuwenberg summarized the May 11 Business & Finance Committee meeting: the district’s property valuation increased 8.8 percent, triggering a Headlee rollback but leaving the district eligible to receive the full 18 mills. The board then approved the Form L‑4029 tax-rate request for fiscal year 2027 (motion by Meeuwenberg; second by Josh Mueller) by a 7–0 vote.
The board also approved a change to the district’s business operating procedures and Federal Awards Administration Manual to increase the capitalized asset threshold from $5,000 to $10,000 per unit to align with recently raised federal guidance. Trustee JB Meeuwenberg moved the change, Trustee Kris Cole seconded, and the motion carried 7–0. District staff explained these procedures are used by auditors when reviewing federal awards administration.
The consent agenda, which included a bill listing of $791,350.63 and acceptance of April financial and investment reports, was approved earlier in the meeting by the full board, 7–0.
Board President Dave Hazekamp and Superintendent Jason Kennedy were present during the discussion; Kennedy reviewed the Thrun Law Firm communication about upcoming board candidate nomination deadlines. The board set the Truth and Taxation hearing for June 22, 2026, as part of the budget process.
The board adjourned at 7:58 p.m.
