Finance Committee: May 14, 2026

The Council Rock School District Finance Committee met on May 14, 2026, to discuss several procurement and budget-related items for the upcoming fiscal year. Key procurement decisions included approval of a technology pool agreement with the Bucks County Intermediate Unit for legal counsel services at a fee not to exceed $880, and awarding a contract for transportation vans to the lowest bidder, Rohrer, with delivery scheduled for July 2026. The committee also reviewed and approved a $836,942 three-year renewal contract with Fortinet for phone systems, wireless access points, firewalls, and network switching. Additionally, the committee discussed various software contract renewals totaling approximately $205,000 annually, and the Council Rock Education Foundation Innovation grants for STEAM and other curricular areas. The meeting included a detailed presentation on the district's investment portfolio and market outlook by Cornerstone. The committee reviewed the proposed final budget for the 2026-2027 school year, highlighting a 3.93% increase in total expenditures to approximately $303.8 million, with a projected deficit of about $5.8 million to be covered by reserves. The budget includes funding for 14.4 additional special education positions and a 3.5% tax increase, which translates to an average homeowner increase of $69 annually. The committee also discussed the Middle Bucks Institute of Technology (MBIT) budget, noting a slight decrease in the district's contribution due to enrollment changes. The proposed budget will be advertised for public review before final approval in June 2026.