Board reviews proposed $82.9M consolidated budget; flags roughly $1M MFP decrease
The board reviewed a proposed consolidated budget totaling about $82.9 million and discussed an approximate $1 million reduction in Minimum Foundation Program (MFP) funding that contributes to a proposed deficit; a public hearing is scheduled for Aug. 18 at 4 p.m.
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Miss Mary (speaker 5), identified in the meeting as the district CFO, presented a summary of the proposed 2026–27 consolidated budget and noted an overall revenue package of $82,900,000. She told the board the MFP component dropped by about $1,000,000, which creates a proposed deficit not seen in recent years and contributes to the net change in fund balance noted in the budget documents.
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