Sioux City school finance update warns reserves will be used under conservative state-aid forecast

Sioux City school finance update warns reserves will be used under conservative state-aid forecast

Iowa / School Districts / Sioux City Comm School District

Finance staff presented FY2027 spending authority projections showing a certified enrollment decline of 302 students and a revised supplemental state aid assumption of 0.5%, leaving the district with a substantial unspent authorized budget but projecting reserve drawdowns under one scenario; board discussed whether to relax a 3.5% reserve guideline.

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