Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Budget topic
No spam. Unsubscribe anytime.
Board reviews rollover budget framework, seeks ways to right‑size reserves and improve staff pay
Summary
Superintendent Pacatte and the business manager presented the rollover budget approach and three revenue streams (tax levy, state aid, other). The board discussed using reserves to improve staff compensation and aiming for no tax-levy increase for 2025–26; community speakers raised questions about interest earnings and projections.
Superintendent Ryan Pacatte and Business Manager Kristen Murphy presented the district’s rollover budget and estimated revenues, explaining that the rollover covers the cost to continue existing services and that the three primary revenue streams are the tax levy, state aid and other sources such as PILOTs and interest earnings. The board discussed two priorities for reserves per the Corrective Action Plan: improving staff compensation and attempting a budget with no tax-levy increase for 2025–26.
During public comment, Rob Fries asked about interest earnings; minutes report earnings as approximately $368,000 year‑to‑date with an included rollover estimate of $600,000 and the GENERAL FUND interest earnings for 2023–24 listed at $745,438. Board members requested additional projection reports and more information on class sizes before finalizing budget decisions.
