District news
Board adopts a 2026-27 budget that spends more than new revenue
What happened
On June 11, 2026 the board voted 5-0 to adopt the 2026-27 budget. The adopted general fund plans about $360.7 million in new revenue ($212.0 million from the state, $132.9 million local, $15.8 million federal) and about $367.9 million in spending and transfers, so about $7.2 million would come from savings. Salaries and benefits are $250.5 million. The total appropriated budget is $430.7 million including reserves.
Why it matters to families
About two of every three dollars spent go to people. Spending more than comes in uses up savings that the district would need for future repairs or shortfalls.
The evidence
The June 11 minutes record the 5-0 vote on Resolution 232-26. The Oct. 8 packet's financial report table lists the adopted FY2026-27 budget lines used here. Savings figure is the difference between spending and revenue and is context.
The source
Oct. 8, 2026 meeting packet (August 2026 financial report)See the full record for Academy School District 20.
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