Is this school year ending in a deficit, and what does that mean for next year?
What We Know
The current school year is expected to end with a deficit, leaving no savings cushion going into FY27. The district also pushed a $200,000 payment owed to the city back to FY28. That means the new budget year starts with both no reserve and a carried-over debt.
Sources
- School Board Meetings School Board Meeting — 2026-01-12
The January 12 board meeting confirmed that FY26 was projected to end with a deficit and no remaining fund balance.
- City Council Meetings City Council Workshop — February 10, 2026
The joint meeting disclosed that the district had deferred a $200,000 deficit payment owed to the city to FY28.
All sources are public documents and meeting records. View all sources →