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Board adopts 2025–26 budget after staff outlines modest revenue gains and projection revisions
Summary
District staff reported new state allocations — a TK add‑on ($2,397 per ADA), a re‑apportioned LREBG pool, and an estimated $112,000 near‑term increase — and the board adopted the 2025–26 budget, with staff to return for a 45‑day revision in August when trailer bill details are finalized.
District finance staff (speaker 5) provided a multi‑slide overview and said recent legislative action confirmed several allocations: an additional TK add‑on of $2,397 per ADA (staff estimated 18.65 TK ADA → approximately $45,000 for the district) and an anticipated share from a $378,000,000 re‑apportionment (LREBG) whose per‑ADA value was not yet finalized. Staff said the confirmed items externally increase the district's ending fund balance projections by about $112,000 under current assumptions.
Staff emphasized the need to watch expenses in 2026–27 and beyond and said the business office will return in mid‑August with a 45‑day revised budget once trailer‑bill allocations are locked. "There'll be an additional $2,397 per ADA, and we estimate 18.65 ADA for TK next year, so that's an additional $45,000," staff said. The board approved the budget and scheduled the 45‑day revision.
