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Anderson School District 3 previews FY26-27 budget amid state formula changes and steady local sales-tax receipts
Summary
Board heard that the general fund was $2.66 million positive through March, that enrollment dipped slightly at the 135th day (about 10 students) with a modest projected $40,000 state-aid reduction, and that the proposed FY26-27 general fund budget of $33,261,550 reflects a 3.33% increase and includes a 2% cost-of-living raise for all employees.
A staff member told the Anderson School District 3 board on Monday that the district's general fund revenues exceeded expenditures by $2,661,100 through March 31, though timing differences and one-time reimbursements will lower that year-over-year comparison by roughly $350,000.
That finance presentation, which covered enrollment, local revenue and the proposed FY26-27 budget, said the district's 135th-day average daily membership was 2,600.59 — down about 10.5 students from the 45th-day count. The presenter estimated that change would lower the district's state-aid allocation by about $40,000 under current assumptions but added the district remains roughly $130,000 above its budgeted revenue line.
The board was also told that local option sales-tax receipts remained strong: the February allocation (reflecting December holiday collections) was reported at $349,238.12 and March at $278,682.39, with $125,584 of the combined collections directed to debt service and $52,336 available for capital use.
On the spending side, staff presented a proposed FY26-27 general fund budget totaling $33,261,550, described as a 3.33% increase over the current year. The presenter said the proposal does not include a millage increase and contains a step increase and a 2% cost-of-living adjustment for all employees, plus one additional special-education teaching position intended for Star Elementary. The transcript contains an ambiguous dollar figure for the stated year-over-year increase; the percentage and total budget above were presented to the board.
