Citizen Portal
Sign In

Get Full Government Meeting Transcripts, Videos, & Alerts Forever!

Get email alerts on the Budget Adoption topic

No spam. Unsubscribe anytime.

Union SD 5 board adopts 2025–26 budget; sets tax rate and bond debt service

Union School District 5 Board of Directors · June 12, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The Union School District 5 board adopted the 2025–26 budget, listing a general fund total of $7,853,721, a permanent ad‑valorem tax rate of 5.0640 per $1,000, and bond debt service of $2,247,232; the resolution passed by roll call.

The board read and adopted the district’s budget for the 2025–26 fiscal year. During the reading, staff reported a general fund total of $7,853,721. The resolution also set a permanent ad‑valorem property tax rate of 5.0640 per $1,000 of assessed value and listed $2,247,232 for general obligation bond debt service.

Board members agreed that the figures reflected amounts prepared by the budget committee and staff. The board approved the budget resolution by roll call vote; staff will file the adopted budget with the district administrative office as required by state rules.

During discussion, staff noted some federal program funding is influenced by census and poverty counts and that free‑lunch universal eligibility may reduce the number of applications used to calculate Title allocations; district staff said they will investigate and pursue outreach to families if needed.