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Levy collections up but Title I federal funding projected to fall by $70,000
Summary
Staff told the board the district's first full year of the new levy increases revenue by about $100,000 with a 99% collection rate, but federal Title I funding is projected to drop roughly $70,000 next year, a shift staff could not fully explain during the hearing.
Staff told the board that 2526 will be the district’s first full year of the new levy collections and estimated that the levy increased revenue by roughly $100,000, with a collection rate of approximately 99%.
At the same time, the staff member reported a decline in federal Title I revenue: “our title 1 money, we are losing $70,000,” the staff member said, explaining current fiscal projections move Title I from about $125,000 this year to roughly $55,000 next year. Staff said they did not have a full explanation for the fluctuation during the hearing and noted federal allocations can vary year to year.
The presentation also noted MSOC (Material Supplies and Operating Costs) funding remains underfunded by the state; staff said the state pays about $903,559 while district MSOC needs are substantially higher. Board members discussed legislative advocacy efforts to highlight underfunding to lawmakers.
