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Board hears budget update as enrollment trends threaten future funding
Summary
The district’s finance presenter reviewed October and November finances, noted reserves near policy targets, timber revenues beginning to arrive and warned that statewide enrollment declines could reduce future K–12 funding; headcount projections for January were reported.
Diane presented the October and November financial report, saying the district met reserve funding levels and that "we met our reserve funding, and 10%, undesignated unreserved." She told the board timber revenues are starting to come in and noted some state reimbursements for grant-funded programs were still pending.
Diane summarized state-level enrollment analysis she’d seen: statewide K–12 enrollment had dropped and that the state attributed roughly 70% of a recent decline to lower birth rates and the remainder to private and homeschool choices; she warned lower enrollment at the state level would reduce future apportionment to districts. Myron gave headcount previews for January, reporting about 662 K–5 students and an anticipated high-school headcount near 1,893, and emphasized these were headcount figures rather than FTE counts.
Board discussion briefly touched on the district’s cash-on-hand strategy and the need to monitor state apportionment timing and grant reimbursements; no formal action was taken.
