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Board to consider asking Borough to pass through $2.25 million in state school aid

Financial
Excerpt from 33. November 12, 2026 Regular Meeting — 24. New Business - Request Borough appropriation of one-time state funding.pdf for Board to consider asking Borough to pass through…
Official source excerpt: 33. November 12, 2026 Regular Meeting — 24. New Business - Request Borough appropriation of one-time state funding.pdf; editorial caption by Our School Board · source-evidence

What happened

A proposed motion would direct district leaders to ask the Borough Assembly to appropriate $2,253,818 in one-time state aid to the district when the state sends the money. The payments are scheduled for December 2026 and March 2027, and the district says the appropriation would reduce its projected FY27 deficit.

Why it matters to families

The district cannot draw on the allocated funds without Assembly appropriation. The request could reduce the amount the district needs to borrow against FY28 funding, but it remains subject to Board direction and Borough approval.

The evidence

The November 12 agenda item says the state allocated KGBSD $2,253,818 in one-time FY27 school funding, payable in two installments in December 2026 and March 2027. The cash-flow analysis cited in the item projected the district would run out of funds in June and end FY27 $2.83 million over budget; the proposed motion asks the Board to direct staff to request the Borough's appropriation.

The source

33. November 12, 2026 Regular Meeting — 24. New Business - Request Borough appropriation of one-time state funding.pdf

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