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Novi outlines revenue and expense drivers as it readies 2025–26 budget
Summary
Staff highlighted that local revenue (investment income, facility rentals, athletics) and state ORS reimbursements boosted revenue, while federal ESSER and other one‑time funds declined; expense drivers include utilities, supplies, labor and projected increases in healthcare and salary steps.
During the Finance Committee presentation staff provided a breakdown of the district’s revenue and expenditure drivers to inform the 2025–26 budget process. On the revenue side, staff identified local revenues (investment income, facility rentals and athletics) as increasing and noted state revenue changes tied to a 3% ORS reimbursement (147g), while federal revenue showed a decrease related to the end of ESSER and unused Filter First allocations.
On expenditures, staff cited rising costs for services and supplies, utilities and labor. For the 2025–26 preliminary budget staff highlighted budgeting assumptions that include salary scale steps for eligible employees, a budgeted 2% scale increase tied to a potential $400 per pupil allowance, an anticipated 3.3% reduction in MPSERS retirement funding, and a budgeted 3.0% increase in health care. Staff also listed additions for technology, ELD and translation/interpretation services and noted a short list of new hires is still under discussion by Cabinet.
