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Board adopts 2025–26 budget and authorizes Impact Aid transfers; levies largely unchanged
Summary
The board adopted the 2025–26 budget (Resolution 3, 2026), approved transfers from Impact Aid ($400,000 to general fund and $40,000 to food service), and reviewed levy rates and revenue-line changes such as Medicaid reimbursement and bank franchise tax shifts.
After review of revenues and expenses, the board moved to adopt the district's annual budget for fiscal year 07/01/2025–07/30/2026 (Resolution 3, 2026). Administrators explained the adopted levy requests and noted the district could request lower levies than the maxima. "The tax levies, they did go down this year," a finance speaker told the board and compared current figures to last year’s rates.
The board also adopted two Impact Aid transfer resolutions: $400,000 from fund 27 (Impact Aid) to fund 10 (General Fund), and $40,000 from fund 27 to food service. Board members questioned the food-service deficit trends and discussed collection practices for meal-account arrears; staff estimated typical annual arrears of $15,000–$20,000 and said end-of-year arrears average around $50,000, while noting free/reduced application outreach and Medicaid billing efforts might improve reimbursements.
