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District overview

Augusta Independent Schools

How Augusta's single PK-12 district is funded, governed, and changing.

How does this small district fund a major facility project?

State aid, local revenue, and building debt support one PK-12 school

Augusta Independent runs one PK-12 school. Its board adopts the district budget and is using a mix of state gap funding, bonds, and building funds for a new multi-purpose educational facility.

One school, one board

The district reported 301 PK-12 students at its September 2025 meeting, and the elected board makes districtwide budget and building decisions.

The general fund had a planned cushion

The adopted 2025-26 working budget projected a $1.17 million general-fund ending balance, described as a 24% contingency.

The gym project has several funding pieces

The board approved a $6.50 million reduced-scope construction package, while its Finance Corporation authorized up to $4.575 million in revenue bonds and the district reported $2.679 million in gap funding.

The meeting minutes show planned funding and approvals, not whether every part of the project will ultimately be completed on budget or on time.

Where the district stands

Reported PK-12 enrollmentverified
301 students

Reported at the September 2025 meeting.

Planned 2025-26 general-fund ending balanceverified
$1,170,310

The working budget describes this as a 24% contingency.

Planned 2025-26 total expendituresverified
$3,730,000

From the 2025-26 working budget.

Major projects

Multi-purpose educational facility (gymnasium)

Construction package approved with reduced scope

The board approved a $6.50 million reduced-scope construction package for the gymnasium addition. The project also relies on state gap funding and building bonds.

Next: Construction and remaining project funding updates at future board meetings.
  1. Board approves the $6.50 million reduced-scope construction package and related inspection services
  2. District reports receiving $2.679 million in gymnasium gap funding

Funding

State gap funding, Finance Corporation revenue bonds, and building funds

The Finance Corporation separately authorized up to $4.575 million in revenue bonds for school building purposes.

Reviewed official board minutes collected from the district's public board archive.

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