Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Budget Overview topic
No spam. Unsubscribe anytime.
Lake Oswego budget committee proposes 2026–27 budget that preserves current service levels
Summary
Committee reviewed a proposed 2026–27 general fund that maintains current staffing and programs amid funding uncertainty; staff and trustees emphasized protecting instruction while rebuilding reserves and finishing budget review May 20.
Dr. Shealy opened the Legal Budget Committee meeting with a message that framed the district’s approach to the 2026–27 budget: "our proposed budget maintains current service levels," she said, noting the district will take the budget "one year at a time" amid state funding uncertainty. The district emphasized preserving core staffing and programs while focusing on academic excellence, student belonging and educator capacity.
District staff and committee members spent the meeting reviewing revenue and expenditure drivers for the general fund, with Stuart highlighting the reliance on state funding and a projected local‑option levy of roughly $17.3 million. Staff outlined next steps: finish general fund and other fund reviews at the May 20 meeting and bring forward a draft resolution to set appropriation levels. A motion to approve the meeting minutes was passed at the start of the session.
