Budget & Finance

2025-26 budget breakdown and financial transparency

Budget Overview (2025-26)

Total Budget

$23.15M

All funds combined

Per-Pupil Spending

$20,300

Estimated based on enrollment

Local Tax Levy

$19.98M

86% of total budget

Fund Breakdown

General Fund (10)

Salaries, operations, instructional costs

$22.04M

Special Revenue Fund (20)

Grants and restricted funds

$270,151

Debt Service Fund (40)

Bond payments and debt obligations

$841,400

Revenue Sources

Local Taxes

$19.98M

86% of budget

State Aid & Other

$3.18M

14% of budget

Reserve Withdrawals (2025-26)

Total Reserve Withdrawals: $595,185

The district is withdrawing from reserves for specific capital projects and maintenance needs (not operating deficits). See details below.

Reserve TypeAmountPurpose
Capital Reserve$239,215Repayment of Millington & Gillette RTU Direct Install projects, District-wide Lighting project, Debt Service Assessment
Maintenance Reserve$332,680Renovation of Central Middle School Media Center, General maintenance
Emergency Reserve$23,290School security cameras, outside keypad, security fencing
Total$595,185

Context for Parents

Reserve withdrawals are being used for deferred maintenance and capital improvements, not to cover operating budget shortfalls. This indicates the district is addressing infrastructure needs (HVAC, media center, security) rather than overspending on day-to-day operations.

What to ask: "What is the district's plan for replenishing these reserves? Are we budgeting enough annually for maintenance to avoid future large withdrawals?"

Capital Projects (2025)

HVAC Improvements

Roof Top Unit (RTU) replacement at Millington and Gillette schools

Funding: Capital Reserve ($239,215)

Media Center Renovation

Central Middle School media center renovation and upgrades

Funding: Maintenance Reserve ($332,680)

Security Enhancements

Security cameras, outside keypads, and security fencing

Funding: Emergency Reserve ($23,290)

Lighting Upgrades

District-wide lighting upgrades for energy efficiency

Funding: Capital Reserve (included in $239,215)

Budget Process & Timeline

March 17, 2025
Tentative budget presented to Board of Education
May 5, 2025
Budget adopted by Board of Education (includes public hearing)
July 1, 2025
Fiscal year begins - Budget takes effect

Data Sources

Budget data compiled from:

  • • 2025-26 adopted budget (May 2025 board agenda)
  • • Reserve withdrawal resolutions (board meetings throughout 2025)
  • • Public budget documents and tax levy schedules
  • • Capital project approvals and funding sources

Report generated January 2026