FY26 year-end fund balance drawn down by $900K amid emergency facility repairs

What happened

The board approved retaining a $383,986 FY26 year-end fund balance, leaving zero dollars available to reduce taxes. Officials said the fund balance is about $900,000 lower than last year due to cost drivers including an unexpected mandatory School Care invoice and over $600,000 in emergency expenditures for stage lighting/electrical work, a high school gym floor replacement, and boiler replacements at the Littleton Academy building.

Why it matters to families

A nearly $900,000 reduction in fund balance driven by emergency capital repairs signals unplanned facility risk and leaves no surplus to offset future tax rates, directly affecting district financial planning and taxpayers.

The evidence

Rose Bogie said the FY26 ending fund balance to be retained is $383,986... This leaves zero dollars available to reduce taxes... about $900k more than last year... emergency expenditures in the stage lighting and electrical work, replacing the high school gym floor and the replacement boilers at the Littleton Academy building... these projects cost more than $600,000. Motion St. John/Gendreau to approve year-end retention of $383,986 as presented. Motion carried 5/0.

The source