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Preliminary 2025–26 budget presented; reserves strong but one-time funds will create a planned deficit
Summary
Business Manager Anne Kopache presented the Kenwood School District preliminary budget for 2025–26, reporting positive fund balances and reserves above state requirements, while noting expected deficit spending due to one-time State program funds planned to be spent next year.
Business Manager Anne Kopache told the Kenwood School District Board on May 1 that the district is fiscally sound, with all funds showing positive balances and reserves higher than the state-required minimum for small, community-funded districts.
Kopache explained that the preliminary budget incorporates current staffing and the negotiated salary increases (3% certificated, 5% classified) and anticipates higher employer-paid retirement obligations and health benefit contributions. She said the district expects deficit spending in 2025–26 because several one-time State program funds will be expended in the coming fiscal year. Kopache also reviewed the process for the Developer Fee Justification Study.
The minutes record the board received this report; no vote on the budget occurred at this meeting. The district listed no specific dollar totals for the projected deficit in the minutes.
