Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the School Budget topic
No spam. Unsubscribe anytime.
Brandon Valley presents $75 million FY27 budget with modest planned general-fund deficit
Summary
District presenter Paul Lundberg said the FY27 budget totals about $75 million and uses a planned general‑fund deficit of roughly $447,000 to manage timing effects from variable revenues.
Paul Lundberg, presenter for Brandon Valley School District 49-2, opened the annual budget hearing saying, "I'm pleased to present, yet another responsible budget to the board of education," and described the FY27 budget as approximately $75,000,000. Lundberg said the district will use a planned general‑fund deficit—about $447,000–$450,000—as a deliberate strategy to manage fund‑balance timing created by variable revenues.
Lundberg summarized major fund totals and drivers: the general fund is budgeted at $45,041,000, the Capital Outlay Fund revenue is $10,830,000, special education expenditures are $11,887,000, and the food service fund revenue is $4,395,000. He emphasized that 75% of salary and benefit spending goes to classroom teachers and noted planned salary increases of roughly 2.8% for certified staff and 3.2% for classified staff.
