2026-10-27 GSD Budget meeting

The Germantown School District’s October 27, 2026 budget hearing reviewed the proposed 2026–27 budget and the prior fiscal year’s finances. The district reported adding $400,000 to its general fund balance in 2025–26 and said the proposed general-fund budget is balanced, with revenue increasing about $600,000 and expenditures increasing about $1.5 million. The presentation also noted a projected $1.4 million increase in the property-tax levy and a projected mill-rate decrease of 3.85%, to $7.85 per $1,000 of assessed value. The district cited declining enrollment and a 15.25% decrease in state aid as budget pressures.

Capital and other planned spending included $950,000 for annual capital projects and a planned $700,000 transfer to the long-range facilities fund. The district reported about $1.5 million available for future capital projects, and its food-service budget includes $1.7 million in expenditures, including replacement of equipment and grease traps at Kennedy Middle School and the high school; no specific vendors or contract awards were identified. The budget also includes about $9 million for special education, supported by roughly $4 million in federal grants and a $5 million general-fund transfer. The district expects to make a final $394,000 payment on non-referendum debt. No budget or procurement resolutions were voted on in the transcript; the only motion was to adjourn the hearing, which passed without opposition.