Cascade SD warns it will draw reserves as PERS spike forces tough choices
Superintendent Darren Drell told the budget committee the district expects to draw down reserves next year after a rapid PERS-related cost increase and flat enrollment; staff emphasized preserving classroom positions where possible.
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Superintendent Darren Drell told the committee the district faces a one-time jump in retirement costs and will likely need to use reserves during the 2025-26 fiscal year. "We are gonna need to take money out of reserves to be able to cover our budget," he said during the budget message, and staff explained the district expects a drop in beginning fund balance if no additional revenue arrives.
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