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Freeman School Board reviews FY2026–27 budget, adopts supplemental budget and capital priorities
Summary
The business manager outlined the FY2026–27 budget (state aid, property tax impacts, staffing additions, stadium and kitchen projects), and the board adopted a supplemental budget transfer and approved several fiscal items including transfers and capital outlay planning.
The Freeman School Board reviewed a proposed FY2026–27 budget and adopted a supplemental budget amendment for the 2025–26 year during its July meeting.
Business manager presented the FY27 overview, showing most revenue coming from property taxes and state aid. She said levy changes will reduce some tax income but that state aid is expected to offset the change; she cited an estimated state‑aid figure of about $2,663,000 in the presentation. The proposed budget includes a 1.5% teacher salary increase, two additional elementary teachers and one art teacher, new textbooks and Chromebooks, and capital projects including a stadium project, kitchen updates (new freezer, fridge, dishwasher) and phase‑three building improvements.
On the supplemental budget for 2025–26, staff reported the district was roughly $90,000 over budget in the general fund and proposed taking $125,000 from fund balance to avoid multiple amendments. The board moved and adopted the supplemental budget by voice vote.
Board members also approved a range of fiscal and administrative measures tied to the budget: designating the Freeman Courier as the official newspaper, naming authorized depositories, approving transfers between capital outlay and the general fund, and authorizing the business manager to invest and borrow district funds when feasible. The board approved the commercial insurance renewal (including added cyber coverage) and accepted proceeds from a recent Purple Wave auction ($7,010 total) into district accounts.
What happens next: budget and supplemental budget changes will be codified in district accounting records; staff will continue implementation of capital projects including track/asphalt and concession stand work and will report updates to the board.
