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MPS presentation shows $158.1 million aggregate operating shortfall across funds for FY26
Summary
A district slide deck presented Dec. 17 shows Total Revenue of $870.2 million against Total Expenditures of $1,028.3 million across funds, yielding an aggregate operating shortfall of $158.1 million and a projected FY25 fund balance drop to about $70.9 million.
The Superintendent presented district financial tables showing Total Revenue across operating and related funds of $870.2 million and Total Expenditures of $1,028.3 million, producing an aggregate operating shortfall of $158.1 million across the funds listed.
The slides break out direct allocations to schools ($367.8M) and departments and district services ($660.5M) and show a projected FY25 total fund balance of $70,920,596. The presentation noted planned uses of assigned fund balance and allowances for vacant positions and special education carryovers as partial offsets, but the net change in fund balance remains negative when combined with projected expenditures. The board will discuss prioritization and potential reductions during Dec–Feb work to produce a budget for first reading in May and final approval in June.
