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District cautions revenue projections are uncertain as state and county filings remain incomplete
Summary
Staff warned that state budget reconciliation and missing county Department of Revenue filings for a local industry leave revenue projections unsettled, with final adjustments expected by mid-May and possible fiscal impacts through 2028.
Jennifer said enrollment counts (45-day and 135-day) and pending county filings determine state and local revenue projections and that the county had not yet filed for the local industry, leaving the district without a final projection from that source. She told the board the senate and house budget proposals differ and that the numbers are likely to change when both chambers reconcile their versions.
Board members asked when clearer figures would be available; Jennifer said staff expect adjustments by mid-May and that some revenue effects may lag two years based on Department of Revenue processing, meaning values could improve in 2027-28 but are not guaranteed.
