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Board debates levy size after staff updates FTE projections and loan payoff timeline
Summary
Board members weighed multiple levy scenarios (including $750,000 and $1 million options), discussed FTE enrollment assumptions and noted loan payoffs in 2030–31 would materially improve the district's financial position.
Board members reviewed four scenario projections prepared by staff, updated using revised Full-Time Equivalent (FTE) pupil assumptions. Staff said a 10% FTE reduction was not recommended and the group settled on modeling a 3% adjustment to reflect potential worst-case enrollment movement.
Board members discussed how different levy amounts would affect fund balance through 2031. Staff said a $1 million levy moves the district into net-positive sooner, while $750,000 would narrow deficits and provide flexibility to under-levy if revenues improve. The board requested a clear timeline showing when outstanding loans drop off and how that alters future budgets.
"We went as slow as he said; this is worst-case scenario," staff said while explaining the models and buffers built in for employees who may change insurance choices in future years. Members asked for a simplified, public-facing budget summary ahead of the referendum and emphasized yearly review of levy decisions.
