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2025-26

Proposed

Budget

Students, Staff, Families, Community

June 1, 2026

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Agenda

Overview & General Fund Updates

Vote to Approve or Continue Meeting

Committee Questions

Committee

Deliberation

2026-27 Budget

Conclusion

Q&A

2026-27 Budget

Presentation of Other Funds

Public Comment

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2026-27 Budget Overview & Updates

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Revenue is based on enrollment

Location	Projected Enrollment (February 9, 2026)	Updated Projected Enrollment (June 1, 2026)
Ash Creek	425	419
Independence	395	389
Monmouth	460	455
Talmadge	666	654
Central	944	917
Change	-	(56)

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UPDATED: State June Economic Forecast

2025-27 General Fund & Lottery Resources

Down $798M from March forecast

2025-27 Corporate Activity Tax (Student Success)
Down $44.4M from March forecast
What does this mean? More pressure on all state priorities, likely no additional funding to school needs

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Budget by Fund Type (Pages 20-22)

The total budget for all funds is presented at $68,667,744. This is $1.7 million more than the adopted budget last year.

This represents a slight increase in contingencies and reserves across funds and an increase in the debt service fund as one bond fully matures in 2027.

The General Fund budget is presented at $50,616,00. This represents an increase of operating revenue of .86%, and 14% increase in the beginning fund balance over last year.

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Budget by Fund Type

OTHER FUND TYPES:

Special Revenue Funds including federal and state grants, Food Service fund and student activity funds are down $616,000 as Federal Grants are flat and funds are not available for carryover

Debt Service for General Obligation Bonds and Bus Leases is up due to the final payment on the 2013 Bond Series.

Capital Projects Fund is almost flat due to the slowdown in development

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FTE HISTORY (handout)

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General Fund Update (Pages 23-25)

Due to careful spending, increased projected fund balance to carry into 2026-27 (Beginning Fund Balance (R5400)

Slight adjustments to FTE calculations and professional services

Allocation of small contingencies for curriculum and capital repairs

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General Fund Update (cont)

Willamette ESD Services (pages 26-27)

Resolution - spending ESD allocation on services they offer

Contract - ‘purchasing’ services to be paid for out of General Fund or grant funds

History of WESD Service Plan

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Presentation of Special Revenue Funds

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Special Revenue Funds (Page 28-29)

Food Service - budgeted for a $300,000 transfer from the General Fund to balance to sustain operations

SIA - 96% in Support Services

Debt Service - Projected levy rate 2.5723

Capital Projects - None specific planned

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Committee &�Public Input

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Updates to Q&A (handout)

Questions 20-31

Public comment period

Committee deliberations

Budget Committee

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Our Next Steps

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The Committee’s Options:

Suggest Increases (we believe there will be more money)
Suggest Decreases (we think there will be less money)
Recommend changes as ‘budget note’ to Board and District
Vote to approve or to continue to next meeting

Budget Committee Options

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June 22, 2026: Board Budget Hearing, Appropriation & Adoption
July 1: New budget in effect
Ongoing: Budget monitoring, reporting and adjustment

Communication with Budget Committee

Important Dates