2026-27 budget plans to spend about $517,000 more than it takes in

What happened

The district's 2026-27 working budget lists $3.58 million in general-fund revenue and $4.10 million in spending, a gap of $516,895. A one-time $164,070 health insurance surplus covers part of it, leaving about $352,825 to come from savings. State Foundation money in the plan drops from $1.44 million to $1.02 million.

Why it matters to families

A school cannot keep spending more than it receives. Using savings now leaves less cushion for later years, and it helps explain the staff cuts in the budget.

The evidence

The FY27 proposed budget worksheet (Finance Committee, May 26, 2026) shows total revenue $3,584,794, total expenditure $4,101,689, a ($516,895) deficit, a $164,070 draw from the FY24/FY25 health insurance surplus and a remaining ($352,825) deficit.

The source