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Business administrator flags WPU cut, reserves and $58M deferred maintenance in FY2026 briefing
Summary
Todd Hauber told the board that legislative changes produced a net WPU impact of -2.18, district reserves were reported at about $311 million, deferred maintenance is estimated at $58 million, and a tentative FY2026 budget will be available by June 1, 2025.
Business Administrator Todd Hauber presented the district's fiscal outlook during the March 18 study session, outlining estimated revenue changes, legislative impacts and the FY2026 timeline.
Mr. Hauber reported that state funding for the weighted pupil unit (WPU) produced a net impact of -2.18 and that recent reporting noted district reserves of approximately $311 million. He identified an estimated $58 million deferred maintenance backlog for capital projects and explained tax modeling (a $1 million property tax increase equates to roughly $5.94 on the average residential property). Mr. Hauber said a tentative FY2026 budget would be available to the board and public by June 1, 2025.
He also reviewed how legislative budget priorities and new requirements had resulted in defunded and unfunded program obligations that the district must account for in its budget modeling.
