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District staff present tentative millage rates and budget totals, citing state funding changes
Summary
District staff reviewed the TRIM framework, proposed millage increases and budget totals for FY 2026–2027, including a proposed tentative millage of 3.079 and an estimated total budget of $610,840,438; staff noted a state increase in the base student allocation and explained major revenue sources.
District staff presented the tentative millage rates and the proposed FY 2026–2027 budget at the July 30 hearing and read aloud key figures from the draft resolution.
The presenter reviewed TRIM/rollback mechanics, saying the rollback rate for 2026–2027 is 2.8843 and that the proposed millage increase is 0.076 in required local effort. Staff cited a proposed tentative millage rate of 3.079 and itemized projected amounts: required local effort/proposed amount to be raised $88,357,110; capital outlay (1.5 mill) $43,045,036; discretionary operating millage 0.748 ($21,465,125); additional voted mill (1.0) $28,696,691. The presenter also stated an estimated proceeds total of $181,563,962 and listed the general-fund and special-revenue components of the budget.
Staff noted the state had increased the base student allocation from $5,372.60 to $5,457.60 (an $85 per-student increase) and described assumed revenue sources including the 1-mill referendum and estimated 0.5¢ sales-tax proceeds. Staff presented a total tentative budget figure in the resolution reading as $610,840,438 for the fiscal year 07/01/2026–06/30/2027.
