Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Budget topic
No spam. Unsubscribe anytime.
Marquette Area Public Schools adopts March budget amendment; revenues increase by $653,397
Summary
The board adopted the second amendment to the 2025‑26 budget, adjusting revenue sources (state +$659,969; federal +$68,586; local -$75,158) and approving a modest net increase in projected fund balance. The amendment passed 5-0.
Assistant Superintendent James Lampman presented the district's Second Budget Amendment for the 2025-26 school year and the Board unanimously adopted the changes on a 5-0 vote.
The amendment raises projected General Fund revenues by $653,397 to $50,445,223. Lampman told the board that state revenues are expected to increase by $659,969 (about 2.0%) largely due to a $377,268 increase in 51c Special Ed Headlee obligation and a $325,890 increase tied to a Great Start Readiness Program pilot; federal revenues are forecast up $68,586 (10.4%); local revenues are reduced by $75,158 (0.5%) because specific-purpose contributions are anticipated to be deferred to future years. The amendment shows a small net positive of $61,792 for the General Fund after the adjustments.
Lampman also described expenditure adjustments, including a $911,246 reduction in benefits driven by employer MPSERS rate reductions that took effect in October 2025 and a planned $500,000 increase in the transfer from the General Fund to the Capital Projects Fund to help sustain the district's one-to-one Chromebook initiative and upcoming infrastructure work. He said grant staffing allocations remain under development and may be changed in a future amendment.
A motion to adopt the amendment was made by Eric Smith and seconded by Jennifer Klipp; the motion carried 5-0. The amendment and full fund-by-fund backup were entered into the meeting record and the February financial reports were approved as part of the consent agenda.
