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State aid falls $336,656 and the district expects a deficit budget

Financial
Excerpt from Regular Board Meeting-5:30 p.m.- LMHS Media Center - Administrative Reports: October 2026 District Administrator Report .pdf for State aid falls $336,656 and the district expects…
Official source excerpt: Regular Board Meeting-5:30 p.m.- LMHS Media Center - Administrative Reports: October 2026 District Administrator Report .pdf; editorial caption by Our School Board · source-evidence

What happened

The October 2026 district administrator report says general state aid fell $336,656 (about 4.29%) while voucher payments rose $165,000 and special education scholarship payments rose $50,000. The third Friday count was down 28 students (19 in the funding measure). Staff said the budget starts with a deficit even after cuts.

Why it matters to families

State aid and student counts drive the budget, so a loss of this size can mean cuts to staff or programs.

The evidence

The report cites a graduating class of 60+ replaced by an incoming class in the mid-30s.

The source

October 2026 District Administrator Report

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