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Florence School District 5 adopts revised 2025–26 general fund budget, cites healthy fund balance
Summary
The board approved the second reading and final adoption of the proposed 2025–26 general fund budget, with staff reporting conservative tax projections, increased tax receipts and a healthy fund balance (3.2 as reported).
Wanda Willis presented the second reading and final-adoption proposal for Florence School District 5’s 2025–26 general fund budget and the board voted to adopt the proposal.
Willis told the board the presented figures moved "from 13.6 to 13.58" as the second-reading numbers (figures as stated in the public record; units were not specified in the meeting transcript). She said the district budgets conservatively because personnel and associated fringe benefits account for the bulk of general fund spending — "about 89%" as presented. Willis reported that tax receipts have increased since reassessment: vehicle tax revenue rose by about $70,000 and property tax receipts rose by about $401,000. "At the end of last year, we were sitting at 3.2," Willis said, in the context of describing the district’s operating fund balance and the board’s target of maintaining two to three months of operating reserves.
The board moved to approve the 2025–26 proposed general fund budget; the motion was seconded and the board approved it by voice vote.
What this means: the adopted figures will guide district spending for the next fiscal year. Willis said small changes to state or tax projections between now and June would be handled through an amendment if necessary. The district did not provide dollar units for the 13.6/13.58 numbers in the public minutes; the transcript records the numeric values only.
