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Board reviews preliminary $27,046,680 budget that projects a 13%+ tax levy increase
Summary
School Business Manager Erin Gramstad presented a preliminary 2026–27 budget with a projected total of $27,046,680 and a "13+ % tax levy increase," and noted two propositions to purchase two diesel buses and one electric bus will be on upcoming ballots.
At its Feb. 2 meeting the Oxford Academy and Central School District Board heard a preliminary presentation for the 2026–27 school budget that shows a projected total of $27,046,680 and a substantial tax levy increase.
School Business Manager Erin Gramstad led the presentation, reviewing tax-levy history and revenue and expenditure projections. Gramstad told the board that "the projected budget amount is $27,046,680, which is currently a 13+ % tax levy increase." She said the district will present two propositions related to vehicle purchases—two diesel buses and one electric bus—at an upcoming vote.
The presentation included line-item projections for revenues and expenditures and a short explanation of how the levy calculation affects homeowner tax bills. Gramstad said more detailed information will be provided at the next board meeting before the board adopts a final budget or sets the budget hearing schedule.
The board did not take a final vote on the budget at the Feb. 2 meeting; Gramstad indicated additional details and scenarios will be shared at a subsequent session so trustees can evaluate options and potential levy impacts.
