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District staff says state budget boosts will reduce planned drawdown by roughly $300K–$350K
Summary
District finance staff reported the final state budget should increase basic education and special education funding and transportation subsidy relative to the district's adopted budget, potentially reducing the need to draw from one‑time revenue by approximately $300,000–$350,000.
Keith, a district staff member providing the state budget update, told the board that the final state budget outcome improves the district's fiscal picture. "Our basic ed funding is gonna be about 142,000 better than budget. Our special ed funding is projected at 106,000 better than budget... and I have to anticipate our transportation subsidy will be closer to a $100,000 better than budget," he said, adding that together the items could mean "potentially 300 to 350,000 less of a drawdown needed from our 1 time revenue source of the school based access funding."
Keith also summarized policy changes affecting districts, including codified residency verification for cyber charter students (allowing districts to withhold payment for students who do not verify residency), expanded truancy and wellness check requirements for cyber charter students, and other provisions affecting flexible instruction days and pre‑K counts. Board members had no questions on the update during the meeting.
