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Oxford Academy board hears budget proposal, to seek 4.8% tax levy increase
Summary
School Business Manager Erin Gramstad presented the proposed 2025–26 budget, saying state aid came in lower than expected; the district plans a 4.8% tax levy increase and will use unappropriated funds to offset cuts. The budget vote is set for May 20, 2025.
The Oxford Academy & Central School District on May 13 heard its annual budget presentation as administrators prepared for a May 20 public vote.
School Business Manager Erin Gramstad told the board the district’s 2025–26 budget reflects lower-than-expected state aid and that the district “will propose a 4.8% tax levy increase (which is lower than the tax cap limit) and will utilize unappropriated funds to accommodate the decrease in state aid.” The presentation cited a range of tax-cap-related figures (5.89% to 4.68%) when comparing benchmarks and stresses the proposal remains under the legal tax-cap threshold.
Gramstad outlined that the district will use available unappropriated fund balance to smooth the reduction in state aid rather than propose a levy at the statutory cap. The board did not take a final vote on the budget at the May 13 meeting; the budget vote is scheduled for May 20, noon–8 p.m., in the high school media center.
Board members asked procedural and timeline questions during the presentation; no formal amendments to the proposed numbers were made at the meeting. The board earlier approved the slate of inspectors and tellers who will staff the May 20 budget vote.
