District news
Board approves FY27 budget amid revenue and benefit-cost pressure
What happened
The Board approved a FY27 budget projecting about $23.2 million in revenue after a roughly $450,000 state-revenue reduction and about $1 million in added health-insurance costs during FY26.
Why it matters to families
The budget protects instruction but leaves little room for another revenue reduction: after roughly $480,000 in one-time acquisition costs, leaders projected only about $18,000 of growth in net assets.
The evidence
The June 10 minutes record the Board's budget vote, revenue and benefit-cost risks, approximately $16.5 million in salary and benefit costs, and the projected operating and post-acquisition results.
The source
June 10, 2026 Board of Trustees minutesSee the full record for Lawrence Family Development Charter School.
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