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State report warns of an operations fund deficit in 2026

Financial
Excerpt from Portage Township Schools Board: 01/26/26 Board of Finance / Regular School Board Meeting for State report warns of an operations fund deficit…
Official source excerpt: Portage Township Schools Board: 01/26/26 Board of Finance / Regular School Board Meeting; editorial caption by Our School Board · source-evidence

What happened

On January 26, 2026, the board accepted a state fiscal indicators report. It says the district has strong cash balances, but that the property-tax changes in Senate Enrolled Act 1 will greatly cut operations fund revenue and lead to a deficit in 2026. It also warns that the education fund could run deficits later because of inflation and the need to support operations.

Why it matters to families

The operations fund pays for buses, buildings, utilities and safety. A deficit there can force cuts or shifts of money from other funds.

The evidence

In the January 26, 2026 recording, a staff member reads the report's summary paragraph about SEA 1 and the expected 2026 operations fund deficit.

The source

01/26/26 Board of Finance / Regular School Board Meeting (recording)

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