Tabled to next meeting.

Tabled to next meeting.

Tabled to next meeting.

Ms. Calvert gave the following update to the FY26 budget since the last meeting:

• Increase in tuition reimbursement from $19,800 to $19,900 increased revenue to $146,000.
• Change in personnel salary in admin/finance due to salary adjustment.
• Adjustment in teaching/learning from $600K deficit in FY25 to a positive of $375K and apportioning curriculum expense over FY26 and FY27.
• For members of the Teachers Association, salary increase is based on contracted amounts; salary increase non-aligned employees was approximately 3%.

Discussion ensued on capital reserve funds voted by the Board in FY25 in the amount of $1.1M and remaining funds for uses thereof.

Mr. Romer reviewed the additional unfunded needs for FY26. Of the six projects, he recommended the funding of the sound system in the gym in the amount of $71K insofar as this is a one-time project. The other projects including the funding of two additional late buses could be started as a project but would require funds each year to sustain the program. In light of the uncertain economic situation, he was reluctant to fund the project for one year and potentially have to discontinue the project in subsequent years.

Discussion ensued on the overall benefit to the district of additional buses. Since parental feedback indicated the need for extracurricular activities including sports, this project would have the potential to fill a real need and have a significant impact on building school spirit and create an experience for families for bonding and belonging.

Following discussion, however, it was agreed to accept senior leadership's recommendation and that the additional buses would be revisited when there is a better sense of economic influences, and the sound system would be endorsed. Mr. Michelot will tell the vendor that his quote of $71K has been accepted.