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Board warned of budget uncertainty as 2026–27 state aid, health costs and contract talks loom

Oxford Academy and Central School Board of Education · January 5, 2026
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Superintendent Nicholas A. Colosi told the board the district faces multiple unknowns for the 2026–27 budget: state aid guidance has not been released, health insurance could increase by 12%, and the teachers' contract is up for negotiation; grant continuity is also uncertain.

Superintendent Nicholas A. Colosi told the board that the district faces "a lot of unknowns" for the 2026–27 budget. He said the governor had not released state aid information, health insurance costs "could increase by 12%," and the teachers' contract is due for negotiations — all factors that complicate planning.

Colosi said the district does not yet know which grants will continue into the next school year and that the board will receive updates as state guidance and contract negotiation outcomes become available. He also reminded members that the DCMO BOCES capital-project vote is scheduled for Feb. 3, 2026 and will be held in each component district; that vote could affect shared costs or services provided through BOCES.