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Board approves amendments to 2025–26 budgets, transfer to capital savings; fund balance to dip but remain above 30%
Summary
Finance update detailed a roughly 3% revenue increase and a 4% increase in expenditures driven by enrollment and negotiated settlements; board approved general- and capital-budget amendments, a $180,000 transfer to capital savings, and several purchases.
Board members received a finance update noting a roughly 3% increase in revenue since July 1—largely from 20 additional students and slightly higher per-pupil aid—and about a 4% increase in expenditures. Finance staff said the district plans to draw approximately $800,000 from fund balance, lowering reserves from about 38% to just above 30%.
Following the presentation, the board voted to approve administrative recommendations to amend the 2025–26 general fund and capital-improvement budgets, and approved a $180,000 transfer from general funds to capital-project savings. The board also approved specific purchases later in the meeting (see separate items): a $40,528 replacement of the BCHS fire-alarm control panel and a $274,499 elementary-school furniture purchase. Finance staff said the budget changes reflect later contract settlements and some one-time capital outlays; they characterized the district's financial position as "still healthy" while acknowledging increased use of reserves.
No member requested the amendments be delayed for additional review; motions were moved and carried by voice vote.
