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Kirkwood board adopts 2026–27 budget after May financial report
Summary
The board adopted the 2026–27 budget after hearing May financial statements showing near-target revenues in some local lines, an anticipated state funding shortfall in classroom trust, and $7M in May operating expenses; administrators said SMART tracking will continue.
The Kirkwood R-VII School District board on June 22 adopted the 2026'027 budget after hearing a May financial report from district staff.
Mister Cook, who presented the financial statements, said the operating fund reported just under $6 million in May revenue and that a large current tax distribution from St. Louis County raised local revenue to about 96% of expectations. He noted state funding lines expected to fall short—particularly classroom trust, which relies on gaming receipts—and that year-to-date state revenues were running at about 70% of budget in certain categories. May operating expenses were just over $7 million.
Board members asked about projections for future years and how enrollment changes and staffing needs had been reflected; administration said recent, unexpected enrollment growth in some schools had shaped the FY27 staffing and that projections incorporate anticipated attrition tied to longer-term enrollment decline. The board discussed reliance on one-time rollback money as a cushion and the uncertainty created by pending legislative changes.
After discussion, the board voted to approve the presented FY27 budget. Administration said it will continue monitoring revenues and bring further updates in June and at regular intervals.
Ending: The budget adoption was procedural; administrators and board members said a cautious, monitored approach will guide implementation.
