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Board authorizes fiscal‑year closeout as administrators prepare budget plan
Summary
Administrators asked the board to approve closing the 2024–25 fiscal year, pausing nonessential spending and preparing a budget proposal; staff warned of an expected $250,000–$300,000 increase in assessment to the cooperative before reimbursements and outlined a plan to restore contingency funds over three years.
The board approved a motion to close out the 2024–25 fiscal year and directed staff to limit spending to essential items while finalizing transfers and carryover balances. The District Administrator said staff will prepare a budget proposal later in the summer that incorporates building needs assessments and state assessment reviews.
Administrators also previewed a significant expected increase in the district's cooperative assessment — staff estimated a $250,000–$300,000 gross increase before reimbursements — and outlined a three‑year plan to rebuild contingency funds, consider hiring freezes and explore cost‑saving measures. "We're gonna expect probably, you know, $2.50 to $300,000 increase on our assessment after the reimbursements come," the District Administrator said.
