FHSD Board of Education Finance Committee Meeting (Audio Recording) October 5, 2026

The Forest Hills School District Board of Education Finance Committee met on October 5, 2026, for a financial review and discussion of district funding. The treasurer reviewed general-fund revenues and expenditures, federal grants, outstanding debt, and capital-project finances. The district spent more than $6.2 million on capital projects in the most recent fiscal year. Five debt issues remain outstanding, including $103 million in 2017 bond debt for Wilson and campus improvements; the district also discussed debt for Anderson site work, building renovations, the operations center, and buses. The bus purchase covered 11 buses at a cost of $1.2 million, with annual debt payments of approximately $135,000 and maturity in fiscal year 2029. No contract awards, bids, procurement approvals, or spending-related votes were identified.

Members also discussed rising special-education costs, including contracted occupational and physical therapy services, and changes in federal grant funding; the committee noted that some student-support costs may shift to the general fund or other grants if federal funding declines. The committee reviewed school-district income taxes as an informational funding option, not a recommendation, and discussed property-tax relief, district benchmarks, and legislative updates. The state had not yet released voucher award data. No procurement action items were recorded.