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Kootenai District projects $1.1M year-end balance in proposed 2025–26 budget
Summary
Superintendent Scott Davis presented a proposed 2025'26 budget that projects a roughly $1.1 million ending fund balance, with about $150,000 more revenue than last year but higher salary and benefit expenditures. The board heard details on grant changes and a potential state holdback risk.
Superintendent Scott Davis presented the Kootenai District's proposed budget for the 2025'26 school year, telling the board the district expects to end the next fiscal year with roughly $1.1 million in fund balance. "So we're looking at ending our fund balance next year at 1.1 million with what we have anticipated coming out this year," the board business manager stated during the presentation.
Davis said total revenues in the proposal exceed last year's budget by about $150,000, driven by increased property tax receipts and other local revenue sources, while planned expenditures rise primarily because of salary and benefit increases. "Our salary apportionment is scheduled to go an increase of $87,482," Davis said, and the presentation showed general fund expenditures increasing, including a $181,391 rise in salaries and a benefits increase of roughly $113,730. Staff also flagged grant losses (notably the Stronger Connections grant) and a newly awarded SRO grant that could offset part of a school resource officer salary over three years.
