Hoehne Reorganized School District No. 3 adopts $11.08 million budget, authorizes $5.5M from reserves

The Hoehne Reorganized School District No. 3 Board of Education adopted its 2026–27 budget and appropriation resolution at a June 24 meeting, approving a total appropriation of $11,075,925 and authorizing the use of $5,500,000 of the beginning General Fund balance for one-time purposes to support low student–teacher ratios.

The Adopted Budget was approved after a motion by Board Member Renee Monohan, seconded by Brad Mincic. The Appropriation Resolution, moved by Todd Arnhold and seconded by Mincic, allocates $9,883,215 to the General Fund; $62,810 to the Pre-School Fund; $371,900 to Food Service; $168,000 to the Pupil Activity Special Revenue Fund; and $590,000 to the Bond Redemption Fund, for a total appropriation of $11,075,925. Both motions passed unanimously by roll call.

In a separate, unanimous vote, the board adopted a resolution under C.R.S. 22-44-105 authorizing use of $5,500,000 of the FY 2026–27 beginning General Fund balance “for the purpose of maintaining a Board goal of low student–teacher ratios and student academic success,” with a statement that the one-time use will not create ongoing deficits. The board also approved the district’s 2026–27 Tabor resolution (designation of unspent monies as additions to reserves) in a unanimous vote.

Board members discussed fiscal and insurance items during the superintendent’s report earlier in the meeting; updated expenditure reports were included in the board packet and Mrs. Mack briefed the board on a recent fraud incident and related bank and insurance documentation required to pursue recovery and claims.

Next steps: the board’s next regular meeting is scheduled for July 20, 2026, at 6:00 p.m. The budget and appropriation resolutions take effect for the fiscal year beginning July 1, 2026.