District overview
Martin County School District
Funding structure, how it compares to peers, and where major projects stand.

How does Martin County fund its schools and new elementary project?
A five-member elected Board controls budgets and policy. The same members govern the Finance Corporation used for school-facility borrowing. The FY 2025 audit identifies SEEK state funding, local property and other taxes, and federal grants, with restrictions on how different funds may be used.
Operating resources
The FY 2025 General Fund reports $17.42 million in revenue and $17.26 million in expenditures, including state-paid benefits. Its $8.40 million year-end balance is a fund measure, not a current cash balance.
Construction resources have a separate purpose
The June 2025 construction-fund balance was $19.63 million and restricted to construction. It is not the final cost of the new elementary school or unrestricted operating money.
School-property exchange
The audit describes a conditional exchange: land near Martin County High School would come to the district, while Inez Elementary, Martin County Middle and related athletic fields would transfer after state approval and facility completion. The audit does not establish a completed exchange.
Who decides
The Board sets district policy and fiscal decisions; a May 2026 Super Council agenda separately records SBDM council discussion with no action. Finance Corporation and working sessions remain separate occurrences.
The audit covers the year ended June 30, 2025. It does not supply an adopted FY 2027 all-funds budget or a reliable current spending-per-pupil figure.
Where the district stands
Major projects
New Martin County Elementary School
Construction and procurement items continue on agendasThe FY 2025 audit says the new elementary school is intended to replace two older buildings. Later Board agendas continue construction and procurement business, and a September 2026 request seeks furniture. A conditional property exchange includes existing Inez Elementary and Martin County Middle sites.
- Agenda listed a site-preparation bid as a possible action.
- Audit describes the project and a fall 2027 opening target.
- Agenda listed building packages and a revised BG-1 as possible actions.
- Agenda listed a four-classroom-wing alternate as a possible action.
- Working-session agenda listed a construction update and expressly said no action would be recorded.
- Furniture request sets a November 9 proposal deadline and anticipates installation after December 28, 2027.
- The 4:30 PM working session again lists a construction update, explicitly without recorded action.
- Furniture proposal deadline at 2 p.m. local time; no award is established.
- Furniture shortlist notification target in the request.
Funding
The FY 2025 audit describes state funding and district bonding. The current final project cost and complete funding mix remain unverified.
Recent news
The page combines 23 official governance agendas, three current policies, the complete FY 2025 financial audit, and the new-school furniture proposal request. All 28 stored originals were reviewed; agenda text does not establish adopted outcomes.
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