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Ionia Public Schools board approves 2026-27 budget, millage rates and sinking fund update
Summary
The Ionia Public Schools Board adopted the district's 2026-27 budget and approved millage rates and capital transfers; trustees also received a sinking fund report showing $10.74 million in revenue through May 31, 2026.
The Ionia Public Schools Board of Education approved the 2026-27 budget resolution and the district's millage rates during its June 15 regular meeting, and trustees accepted a sinking fund activity report showing $10,743,355.53 in revenue through May 31, 2026. Secretary Marhofer moved to approve the budget resolution, with Treasurer Ellis supporting; the motion carried on a roll-call vote of 7-0.
During the public hearing, Executive Director of Business and Finance Jammie Sprank presented the budget and provided the sinking fund numbers: revenue of $10,743,355.53 and expenditures of $8,912,870.89 through May 31, 2026. The board also approved a proposed modification to the Capital Projects Fund and the millage rates for the 2026-27 school year; Vice President Baker moved the millage motion, which passed 7-0.
The board's actions follow the Truth in Budgeting presentation and finalize the district's spending plan for the coming school year. The resolutions were approved unanimously, and the board recorded the approvals by roll call. The district will implement the adopted budget and millage schedule for fiscal year 2026-27 as presented.
