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Palmyra board approves tentative FY27 budget, schedules April 29 public hearing
Summary
The Palmyra Board of Education approved a tentative FY27 budget for submission to the county superintendent and set a public hearing for April 29, 2026. The General Fund budget totals $31,192,729 with a local tax levy line shown in the resolution.
The Palmyra Board of Education on March 25 approved a tentative budget for fiscal year 2027 and scheduled a public hearing on the proposal for April 29, 2026, at 7 p.m. at the board offices, 311 West Fifth Street.
The resolution lists General Fund totals and line items for advertisement and submission to the Executive County Superintendent. The board document shows a General Fund total of $31,192,729.00 and a Local Tax Levy figure of $26,832,079.00 in the budget summary; the board directed administration to advertise the tentative budget and hold the statutorily required hearing. The resolution also directs staff to post required forms on the district website per State Department of Education rules.
Board materials accompanying the resolution note several budget adjustments: a $484,266 deposit to the district’s Capital Reserve for long-range facility projects, and an adjustment for increased health benefits of $681,798 that the district stated it does not intend to use during 2026–27. The board also set its maximum travel expenditure for the next fiscal year at $42,218.00.
The board approved the tentative budget by resolution; the public may review budget documents on the district website ahead of the April 29 hearing, when the board will take public comment and may adopt a final budget.
