June 24, 2026 - Budget Hearing

The Anchor Bay Board held a budget hearing on June 24, 2026, to review the original 2026-2027 budget. The discussion focused on tax base increases, millage rollbacks, and the proposed levy of 18 mills for non-homestead operating and 10 mills for debt retirement, maintaining consistent rates. The budget presentation highlighted revenue variances including a $1.5 million projected decrease in state revenues due to uncertain categoricals, and the absence of certain grants such as the EPA clean bus grant. On the expense side, increases were noted for educator step raises and curriculum purchases, while decreases were projected in operations, maintenance, and transportation capital expenditures. The board also reviewed contract-related expenses totaling approximately $1.9 million. The budget anticipates a slight deficit without categorical funding but maintains a healthy fund balance above 17%. No specific contract awards or new procurement actions were detailed during the meeting.