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District projects $569,000 ending balance after federal forest revenue; $200,000 grant to support capital work
Summary
Business presenter Charles Hole told the board that projected federal forest revenue and a Healthy Kids, Healthy Schools grant of roughly $200,000 would boost the district's projected ending fund balance to about $569,000 (≈25.6% of expenditures), while insurance and depreciation changes pose cost pressures.
Charles Hole delivered the preliminary budget presentation for 2026–27, flagging capital projects, cash flow, and early revenue assumptions. He reported the Healthy Kids, Healthy Schools grant would support a capital projects budget extension with approximately $200,000 in grant revenue tied to planned expenditures; projected federal forest revenue improved the ending balance projection to about $569,000, roughly 25.6% of projected expenditures.
Hole warned that legislative and external factors could change projections. He noted possible delays or reductions in electric-bus funding tied to changes in bus depreciation rules and pointed to a projected ~18% increase in property and liability insurance. He also described enrollment variability across grade levels and said the district expects modest salary allocations built on a 2.6% implicit price deflator in state funding assumptions.
