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Board adopts tentative FY 2026–27 budget; superintendent says final updates will follow
Summary
After reviewing revenue sources and expenditures, the board adopted a tentative budget identical to the proposed budget at this stage; the superintendent said final figures (including compensation updates) will be reflected in the final budget on Sept. 11.
The board adopted the tentative FY 2026–27 budget during the meeting’s first required hearing, after a presentation that summarized revenue sources, major expenditure categories and current estimates of the district’s financial condition.
"The proposed and the tentative will be exactly the same," Ms. Lake, the superintendent, said while reviewing the budget materials and revenue sources, including state FEFP, local property taxes and federal reimbursements. She noted personnel costs account for the largest share of expenditures — salaries and benefits represented about 74% of the operating fund in her presentation — and that some variance reflects nonrecurring bonuses from the prior year.
A board member (S3) moved to adopt the tentative budget (listed as "resolution 27 0 2"); the motion was seconded and approved by voice vote. Ms. Lake said the final budget will be presented on Sept. 11 and that staff will continue to refine revenues and expenditures through that date.
