FZSD Board of Education - January 15th Meeting - 1/15/26

The FZ Schools Board of Education held a meeting on January 15, 2026, where financial reports and a mid-year budget revision were key topics. The board discussed a significant increase in fund balance due to property tax collections and highlighted concerns about rising costs, including health insurance and computer expenses. The budget revision included a reduction of nearly $1.2 million in federal revenues, primarily due to lower Medicaid reimbursements and other federal funding, partially offset by increased student enrollment funding. On the expense side, salary payouts and private placement tuition costs increased, while workers' compensation refunds provided some relief. The board approved the financial report and the 2025-26 budget revision. Additionally, the meeting included announcements about upcoming board elections and community engagement initiatives, but no new procurement contracts or vendor selections were reported.