School board draws on reserves to cover 20% of next year's budget

The school board has adopted a budget for the next school year that relies heavily on funds from two different reserve accounts to balance revenue with expenses.

By withdrawing $976,000 from its operating reserves — just about emptying the longstanding account — and transferring $250,000 from its capital improvement projects reserves, the school district is able to cover its $5.98 million operating budget.

The 2025-2026 spending plan includes two fewer full-time teaching positions than this year.

Any increase in state funding for schools would boost the district’s finances — which have been ti...

 
 

Reader Comments(0)

 
 
Rendered 05/28/2025 09:22