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Finance committee reviews conservative 2026–27 placeholder budget requiring about $600,000 in referendum funds
Summary
The Mineral Point Unified School District finance committee reviewed a conservative preliminary 2026–27 placeholder budget that currently requires approximately $600,000 in referendum funds to balance and will be updated before final adoption in October.
The Finance Committee of the Board of Trustees of the Mineral Point Unified School District reviewed the preliminary 2026–27 budget on June 1, 2026. Administration described the draft as intentionally conservative and presented it as a placeholder prior to the start of the fiscal year.
Administration said the draft omits several potential revenue sources and "represents a 'worst-case scenario' approach," and noted the budget currently requires approximately $600,000 in referendum funds to balance. The administration told the committee that further revenue information expected before the final budget adoption in October could change that figure.
Committee members asked for follow-up information about enrollment and revenue assumptions that underlie the draft. Administration said it will continue to update projections as state reimbursements, grant flows and other revenue details are confirmed.
