Board adopts a 2026-27 budget that spends $8.2 million more than it takes in

What happened

On June 17, 2026, the board adopted the FY2027 Operating Fund Budget: $57,525,643 in projected revenue against $65,722,155 in planned spending, with the roughly $8.2 million gap covered by drawing down the district's existing fund balance (savings) rather than by new revenue.

Why it matters to families

Spending down about $8.2 million in savings to balance one year's budget is not sustainable indefinitely. Families should watch whether next year's budget needs cuts, new revenue, or another reserve draw once that fund balance is smaller.

The evidence

The June 17, 2026 board packet and approved minutes include the adopted FY2027 Operating Fund Budget summary, with the recommended motion citing the $57,525,643 revenue figure, the $65,722,155 expenditure figure, and the use of approximately $8.2 million in existing fund balance to balance the budget.

The source