Special Board Meeting (Budget Workshop) - 3/30/2026 (5:00 p.m.)

Beloit School District Board of Education · March 30, 2026

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Overview of one-year fund equity option and limits

Presentation

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Presenter (Dr. Anderson, speaking as the district budget lead) explains that using fund equity (surplus) could balance next year’s budget for one year but would leave the district deeply negative the following year (about $7.7 million shortfall), so it is a temporary, one‑year solution.

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Beloit School District trustees received a presentation on an estimated $4.5 million budget shortfall for 2026–27 and longer-term fiscal pressures for 2027–28, heard options including selling surplus property, staffing freezes and program reductions, and discussed a potential November referendum and Fund 80 support for after‑school services.

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Transcript

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