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Business manager outlines revenue and expenditure mix; payroll is ~73% of general fund
Summary
The business manager presented line items in the proposed 2026–27 budget: estimated local taxes $2,924,000; state school fund $14,450,200; beginning fund balance about $1.7 million; payroll comprises roughly 73% of general fund expenditures; and a $1,000,000 contingency is maintained.
The business manager told the committee, “A budget is district's financial roadmap for the upcoming fiscal year,” and walked members through revenue sources and projected expenditures. Key revenue figures presented included local taxes of $2,924,000, a state school fund estimate of $14,450,200, common school fund receipts of $165,467, and an estimated beginning fund balance of about $1,700,000. The business manager also noted estimated interest income from the local government investment pool at about $215,000.
On the expense side, staff reported that payroll and associated costs make up approximately 73% of general fund expenditures. Purchased services were cited at $1,360,544 and supplies and materials at $1,199,475 for the general fund. The business manager explained that vehicle purchases are financed from the dedicated bus fund rather than general funds and confirmed that the district maintains a $1,000,000 contingency, invested in LGIP. Staff committed to emailing detailed 'significant changes' pages and line‑item explanations to the board for follow-up.
Provenance: topicintro SEG 258, topfinish SEG 452.
