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Board weighs one‑time fund balance versus truth‑in‑taxation after budget update
Summary
Scott reported certified rates and proposed reallocating capital funds to cover board requests; the board discussed using about $1.4 million available vs $1.7 million in requests and whether to hold a truth‑in‑taxation hearing to raise roughly $275,000 or use one‑time funds.
Scott, a district finance presenter, told the board it had roughly $1,400,000 available against $1,700,000 in requests and proposed reallocating capital funds into the board budget. He said the certified growth figures were just in and outlined two options: hold a truth‑in‑taxation hearing to raise about $275,000 or fund some requests with one‑time money from the fund balance as a pilot to revisit next year.
“We have that 1,400,000 available, 1,700,000 of requests,” Scott said. He recommended a budget hearing (scheduled at 06:00) and asked the board for direction on whether to pursue reallocations now.
Board members largely favored using one‑time funds this year and re‑evaluating next year, citing a built fund balance cushion and the desire to avoid immediate tax increases. Several members requested follow‑up data—particularly itemized costs for special education line items and whether COVID‑era positions (such as school nurses) should be continued as recurring expenses.
