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Cascade SD 5 leaders report higher enrollment but warn of tighter budgets and PERS rate pressure
Summary
Superintendent Darin Drill said district enrollment is up year-over-year but that the district's budget outlook is tighter as state funding remains uncertain and PERS rates are expected to rise. Finance Director reported PERS bond discussion statewide but no near-term action expected.
Superintendent Darin Drill told the board April 14, 2025 that Cascade's current enrollment is higher than last year but cautioned that the district budget will be tighter moving forward as the state budget remains unsettled; he noted the Governor's current education budget projection of $11.34 billion and said the final state budget is not expected until the end of June.
Finance Director Mr. Pillar said PERS rates for schools will increase significantly next year and that Cascade and other districts are monitoring the possibility of PERS bonds. Pillar and Drill explained that past PERS bond participation produced marginal results for many districts and that, given market volatility, Cascade does not expect to make a decision on bond participation before September or October.
Board members asked questions about enrollment counting methods and staff indicated they are closely monitoring spending and strategies for dealing with potential cost increases.
