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Redmond School District reviews proposed $275.6 million 2025-26 budget

Redmond School District Budget Committee · April 23, 2025
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Summary

District staff presented a proposed $275.6 million 2025-26 budget that includes an expected $97.7 million from planned bond sales and projects General Fund revenues of $101.4 million; staff detailed assumptions and a nearly $10.5 million beginning fund balance.

Redmond School District staff presented the proposed 2025-26 budget, which totals $275.6 million and reflects planned bond sales expected to generate $97.7 million in proceeds. Superintendent Cline read the budget message and Kathy Steinert led the budget highlights and assumptions during the April 23 Budget Committee work session.

Staff projected General Fund revenues of $101,399,500 for 2025-26 and General Fund resources of $111,935,700, including a beginning fund balance of $10,536,200. The presentation noted that the beginning balance is almost $2.3 million higher than projected in February, citing updated Department of Education estimates that increased ADMw and an $800,000 reduction in compensation-related expenditures due to a hiring freeze.