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Board adopts FY2025–26 budget proposal, flags state budget dependency
Summary
Trustees adopted the district’s proposed 2025–26 budget but noted the state budget has not yet been finalized; staff highlighted projected special-education contribution growth from about $7.4M to roughly $29M by FY27–28 and said a 45-day revision will follow once state numbers are final.
The Franklin-McKinley School District Board approved the proposed fiscal-year 2025–26 budget after a staff presentation that emphasized continued uncertainty tied to the state budget.
Jason reviewed the budget presentation previously given to the board and said the district is “patiently awaiting the actual budget to be adopted by the state,” which affects assumptions in the proposal. He highlighted projected special-education contribution shortfalls that staff modeled across several years, saying contribution figures run from about $7,400,000 in recent years and are projected to rise toward the high-$20 millions in the out years.
Jason told trustees the presentation included additional information showing contribution levels for special education through FY27–28 and that staff will return with a 45-day budget revision after the state adopts its budget. Trustees asked clarifying questions about the “good news” scenarios and how final state revenues might be incorporated; Jason said the slides showing estimated additional revenues are informational and not part of baseline assumptions.
Trustee Chavez moved to approve the adoption budget for 2025–26; the motion was seconded and approved by voice vote. Jason said staff will monitor adoption of the state budget and bring a revision to the board if numbers change.
The vote took place under item 5.04 of the agenda; board members recorded the action as passing on June 24, 2025.
