# MCBOE Budget Hearing ll | 9-14-2026

Montgomery Public Schools’ FY2027 second budget hearing was held September 14, 2026. The board approved the meeting agenda unanimously. Finance staff presented projected revenues and expenditures for the fiscal year beginning October 1; the transcript does not show a vote adopting the FY2027 budget. The district projects $424.9 million in revenues and $557 million in expenditures across its funds, with expenditures exceeding revenues and the general fund balance projected to decline from $90.6 million to about $88 million. Required local matches include $38.5 million for the foundation program and approximately $1.287 million for capital purchases. Staff cited rising benefit costs, declining enrollment and technology funding, and the need to preserve reserves ahead of a 2027 credit review.

Capital projects were a major budget item: the district has closed a bond issuance for Percy Julian, with about $142.5 million in related construction expenditures budgeted and approximately $6 million in debt service anticipated. The district also expects to seek bond financing for Capital Heights in FY2027, with $70 million in anticipated proceeds; capital-project expenditures are projected at roughly $160 million. Staff said declining technology funds may require future local funding for operations and maintenance and replacement of aging devices. No vendor selections, contract awards, or bid approvals were identified in the transcript.

**Jurisdictions:** sled
**Industries:** Education, Construction & Infrastructure
**Topics:** Physical Infrastructure
**Published:** September 14, 2026

### Sources
- [MCBOE Budget Hearing ll | 9-14-2026](https://www.youtube.com/watch?v=A-ZnJAs9ABU) - Montgomery Public Schools Alabama