July 21, 2026 Regular School Board Meeting

The Mukilteo School District held its regular school board meeting on July 21, 2026, where key procurement and budgetary matters were discussed. The board unanimously approved the consent agenda, including personnel addendums and several revised and new board policies. A significant agenda item was the adoption of resolution number 12 for 2025-26 general obligation bonds, which passed unanimously, indicating planned bond financing for capital projects. The executive director of business and safety presented a detailed quarterly financial report covering revenues, expenditures, and fund balances, highlighting a 2% increase in revenues primarily due to a higher local levy and state funding for special services and transportation. Expenditures rose to $240.7 million, with notable increases in classified salaries and insurance premiums. The district is managing a fund balance of $15.6 million as of May 31, 2026, with a projected ending fund balance of $22.6 million for the fiscal year, though efforts are underway to conservatively manage spending due to unexpected insurance cost increases. The preliminary budget for 2026-27 was presented, showing a 2.6% revenue increase to $342.4 million and a 3.7% increase in expenditures, driven largely by insurance and utility cost rises. The board discussed capital projects funding, including closing out 2020 bond projects and planning for 2026 bond projects, with an emphasis on maintaining and improving facilities and technology. The debt service fund was reviewed, detailing principal and interest payments on existing bonds. The transportation vehicle fund was also discussed, with plans to spend $2.4 million on new buses funded partly by state depreciation funds, ensuring fleet renewal and compliance with funding eligibility. Overall, the meeting focused heavily on financial stewardship, budget balancing amid declining enrollment, and strategic capital and operational expenditures to sustain district services and infrastructure.