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Smith-Green Community Schools staff presents 2026 budget with lower estimated tax rate, lists capital priorities
Summary
District staff told the board the advertised tax rate is 1.1197 and estimated it could fall to about 0.9746 for 2026; the presentation outlined projected revenues, a $16,069,004.48 cash figure and a multi-year capital plan including buses, gym floors and track fencing.
A district staff member presented the Smith-Green Community Schools budget on Oct. 6, 2025, telling the board the advertised tax rate on the first page of the budget was 1.1197 and that staff currently estimate it could fall to about 0.9746 for 2026. The staff member summarized the district's debt service, operations and referendum lines and showed a current-year financial worksheet that lists approved budget disbursements, levies, transfers and projected June 30 cash balances of $16,069,004.48.
The presentation included a multi-year capital plan emphasizing bus replacements (a special-education bus in 2027, two passenger buses in 2028, smaller 14-passenger buses in 2029 and a large bus in 2030), classroom furniture for elementary and junior–senior high, track-area fencing and discus cage repairs, parking lot improvements, scoreboards for baseball and football, gym floor and stage refinishing, and periodic carpet and bleacher maintenance. The staff member said the budget worksheets break down miscellaneous revenue sources (license excise tax, CVET and a listed “5th” that staff noted will go away in 2027) and projected revenues and expenses for the 2026 budget period.
