The Board of Education approved the District's FY2027 operating budget, as required by Missouri law prior to June 30. Because the Governor had not yet signed the state budget at the time of approval, significant uncertainty remains regarding state funding. The District adopted a conservative "worst-case scenario" budget based on an estimated state adequacy target (SAT) of approximately $6,800 per student in anticipation of potential state revenue shortfalls.
Projected Revenues
- Fund 1: $19.4 million
- Fund 2: $23.8 million
- Fund 4: $4.8 million
Projected Expenditures
- Fund 1: $17.5 million
- Fund 2: $25.9 million
- Fund 4: $6.5 million
The proposed budget includes a planned deficit of approximately $150,000 in the District's operating funds (Funds 1 and 2) and projects an ending operating reserve of approximately 27%.
A revised budget will be presented to the Board in September, after local revenues have been finalized and the state funding picture becomes clearer. At that time, revenue and expenditure projections will be updated to more accurately reflect the District's financial outlook.