001Call this meeting to order. We stand and say the pledge. I aliance to the flag of the United States of America and to the republic for which it stands. One nation under God, indivisible, with liberty and justice for all. >> Recognition of visitors. We don't have any public input. >> You have to read your recording. >> I'll play your little thing. It's It's easier to read it, I think. >> I think so, too. >> Mult school board of trustees notice of meeting being recorded. This meeting of the school board of trustees, committee of the board of trustees or committee subject to the open meeting law is being recorded in accordance with the sections 2-2-301,2-3-202-3-203 and 2-3-214 MCA. All members of the board, committee, staff, and public in attendance are advised that the public portions of
002the meeting will be recorded in both an audio and video format. Cameras and recording devices are placed throughout the meeting room to complete these recordings. Everyone in attendance is reminded to honor the basic rules of decorum during the meeting and guidance associated with providing public comment as stated in policy 1420F. By remaining in the meeting, those present consent to being recorded and displayed in the footage that will be posted on the school district's website. Uh public input comments must be non-aggenda items related to topics under the jurisdiction of both public schools. Dirty, >> you're lucky I got here. >> I'm being honest. >> Uh this is the budget meeting. You guys go ahead and sign in there for me. Thank you. >> Do you have any public input? >> No. >> Okay. Uh consent agenda.
003Need a motion to approve consent agenda. >> I move to approve the consent agenda. Second. >> Motion from Angel, a second from Katie. All in favor. Uh any discussion first, I guess. Any discussion? [Music] All in favor say I. >> I. >> All oppose. Same sign it. Motion carries. >> Action item number one. Review 25 year TFS. >> Um so this is the fiscal year 20 24 25 trustes financial summary. Um which is essentially our year end report that we send over to the state. Um, I've had the state look it over and they said everything looks good. I have no um errors in the report. You know, it you run a validation um thing. It it wasn't my first time. >> Good job. I was going to say >> I know. Well, it was
004it was um it was actually very interesting and I learned a lot. But um so we have a clear uh validation report. So this report is ready to be uh reviewed and approved uh at this meeting. Okay. Um so I don't know how you guys want to move through this. >> Um which packet do you want to open first? >> So it is the trustees financial summary >> but it's the 82025 budget meeting packet. >> Mhm. Okay. That's what I was I've got. Um and then budget not the regular. The regular budget. So, you want to open the budget one? Yeah, >> right. That's what I got. >> The one with only 70 pages. >> Okay. 71. >> Yes. Listen. >> We'll take your lead. You're the one that knows this packet inside and out.
005So, >> I mean, so basically, >> what do you want us to know? So basically what this tells you um these first pages with the yellow highlights it's the um ending balances of our accounts. So I could I'll just highlight the ending cash balances, right? Because the taxes receivable is just a a booking that we book the at the end of the year the treasurer sends over to us. How much of our um taxes receivable haven't been received for x number of years and that's what gets as um potential revenue that we may or may not realize, right? People may or may not pay those late uh taxes. So, um, for the general fund, we ended the year with, uh, $538,6412, which >> Tell me what page you're on. Uh, sorry, page four. >> Well,
00648 of the trusties. >> I don't have it as yellow. It comes through on mine as all white. So, I don't see >> Oh, it might be because of the scam. >> Yeah. So, yeah. Nothing. >> If you open it in Adobe or whatever. >> There it is. Got it. Got to be >> Okay, we good. Y >> line one, right? >> Yes. >> But on page four. >> On page four. >> Got it. >> Line one. >> Okay. Okay. >> Um so that was the general fund balance which actually actually was really good because we met our um our reserve which is what you want. That's your goal at the end of the year. >> Um then uh the transportation fund ended uh with $280,000. also met our reserve there and had um some
007additional uh carryover. So that was a good number for us to end the year with. Uh bus appreciation reserve um we had $79,000 at the end of the year. Um school food services 42,000. So that means all of these carry over and these are balances that are available to us at the beginning of this year prior to us receiving any funding, right? because we might have some expenses like school food services. We're definitely going to have expenses um prior to our first round of funding that we received from the state. >> What's that first round? >> The first round is supposed to come this month. >> Are you actually on page four though? >> Um well, it's page seven of the document. Page four at the bottom. Okay. >> I'm sorry. >> No, I was
008on seven then I was like, well, maybe I'm wrong. And I'm just on line one across the top >> for everyone. Yep. >> Um so then if you go to the next page, uh the tuition fund balance $147,000, retirement fund ended at $197,000. I'm just kind of rounding here. Um miscellaneous uh programs, which is fund 15, uh was 146,000. adult education um 24,000 and these are cash and investments. So these include our STIPS. Um next page, traffic education, it's 29,000. The lease rental fund which is um it's really just holdover money I guess from when we used to help teachers with rent or something like that. And um so that has just a small balance. uh compensated absences fund is 50 15,400 and then we have um a little tiny bit of money in the
009metal mines tax reserve um that's just been sitting there forever. Uh next page uh technology fund uh 36919. Uh our flex fund is at 64,000 and the debt service fund is at 9,137. Building fund is at $27,687. Um, [Music] the building reserve ended at $379,000. The next page doesn't have name. The next page doesn't have anything. Um, and then the next page, uh, private purpose trust, which is our, um, our final CD that we've approved to send over to the Mustang Foundation. So, that check will be cut this month. of 163761 and then um student extracurricular activities. These are um the elementary school, middle school and high school balances uh from their accounts moved forward >> like what like extracurricular activities like just all >> so it's the elementary school um activity fund. >> Okay.
010>> It's the middle school and high school all of their sports funds. >> Sports. Okay. class funds, tournament fund. >> Yeah, tournament fund, everything. It's all of the school funds. [Music] >> Um, and then payroll clearing funds. So, what this is is the these are payroll checks that haven't been cashed yet as of 6:30. So, $169,000. And then um regular bills that haven't been cashed yet as of 630 224. Can I back up to fund 85? So you said that >> the fund 81 is the one that we're going to turn over to Mustang Foundation. What's fund 85? >> Fund 85 is called an endowment. >> I I don't know what it is to be honest. >> Money sitting there. I have no idea. >> So it just earns interest. >> Yeah. >> $80. 80
011bucks. Yeah. >> Yeah. There's probably some things that we could clean up this year, like these little tiny amounts, and find out if we could transfer those to other funds in order for us to, you know, utilize them. But >> I just not this year. No, >> that's fine. Totally fine. >> Is there any other questions on fund balances? >> Go to page 19. >> Okay. 16. But I think now we're gonna move on maybe to page 19. >> Oh, sorry. >> All right. So then what these next pages are are these are just a um detailed breakdown of our revenue expenditures and uh changes in our fund balances for each particular fund. So um this first page is for the general fund and it gives you the first column there is 2024 and then
012the second column is 2025 which is the year that we're doing right now. So it just gives you 20 2024 as a reference. Um so our total revenues for um 2025 were in the general fund were 4.6 million. Um that was right on budget for us. our um expenditures were um 4.6 million. Um so we that's why we um had not very much for the year we expend we spent most of our money, right? Which is what you want to do. And then what's less what's left is that reserve which you're which you have to reserve each year. So and then that carries you over to the next year. But you reserve that moving forward. Does that make sense? >> Yeah. >> I think it's worth noting though that in 2025, we actually had $10,000
013less than we had in 24. So we had to work in fiscal year 25 with less money than we had in 24. >> Yep. Yeah. Everything cost >> and and then actually ended up spending 15,000 more than we spent. So h >> you're looking at like a $25,000 spread there. >> Yeah. It's normal, but it's I'm just saying like costs are rising, revenues getting either staying stagnant or going down. >> Staying flat essentially. >> Yeah. >> Um and then so then the very then the very next one is just your um your balance sheet essentially, which is your beginning balance. Here's your revenue. Here's your expenses. Um there's some stuff about incumbrances here. And then you're ending fund balance at the moment as of 6:30. >> Mhm. >> All right. Transportation. Um a similar story
014here. We actually had less funding in transportation um in 2025 than we did in 2024. and um higher expenses. And then there's your ending fund balance. Any questions about transportation? All right. Um bus depreciation. We um started the year with the $268,000. We bought two buses. So um that was our $391,000 in expenditures and then we had revenue of 202. So that left us our ending balance of 79720. [Music] It looks like we levied less in 2025, just a very little bit less in 2025 than we did in 2024. [Music] All right. School um food services, we started um the beginning of the year with uh $99,574. Total current revenues were 280. Our expenditures were 324. Um, and so our ending fund balance was uh 569. So the school fund school food fund is one
015that I'm going to be kind of keeping an eye on this year because every year we've spent more than what we've gotten in revenue. Now, part of the issue here was that the state was late with one payment. It should have come in July um in June, excuse me, and it didn't come until July. >> Um so, there was unrealized revenue um for fiscal year 25. >> Okay. >> Do we not make an adjusting entry for that? Do you not, you know, credit your revenue and debit a receivable for that? Um, I was really not clear how to do that. >> Yeah. No, I'm genuinely asking because I don't know what >> and so Tony tried I mean he was like rattled something off and said this is what you do. This is what you
016do. And I was like >> I'm not going to if we have to do if I have to do a correction in the audit that's when I'll do it. Okay. Okay. Yeah. So just say that again. So we spend more in the food world. >> We do spend more than we make on an annual basis. What's been saving us is that we've had reserves carryover every year, right? We've had carryover every year >> that um is has been helping us. But that is going to be eaten away year after year if we continue this trend. Right. So, is this because our lunch prices are low? Is this because people are >> I can't say. I do know that there's things like what things that we haven't done in the past. Um, such as we have
017not transferred money from the general fund to the food fund to pay for teachers lunches and administrators lunches, which is something that we could do to offset, but I think our funds have been so tight in the general fund that we've chosen not to do that. Okay. >> Um, so it's not required. It's just a way to increase your um, balances in your food fund. So that might be something that we have to watch more closely this year. And then Rhonda and I are going to be working very closely on um, h having a budget and then her staying within that budget. >> Okay. >> Um, for food costs. And we have u two food vendors this year. So, we're going to be doing cost comparison and Rhonda's already made a really great start on
018that. So, awesome. [Music] All right. Tuition fund. Um, we started the year with 147,000 and basically ended the year with 147,000. Our revenues covered um our costs. I um I think that we're not going, you know, we we'll levy this year to to bump that back up to 150,000, but I think our costs are probably going to be higher than they have been historically. And a lot of that is being driven by um our kids going to other facilities, state facilities, um and or being moved to group homes and things like that. And so then we have to pay the tuition um for that. And then um then we've got our kids in Turner and this and Turner has invoiced us this year and Turner did not invoice us last year. So [Music] >> and
019they can just decide when they want to and when they don't want to invoice us. In theory, it's like the the law >> allows for districts to invoice each other, but past history has been that they don't just because it ultim often washes out what Turner district is now invoicing. >> Yeah. >> So, they're not doing anything wrong. It's just that they haven't been doing what they've been. >> They haven't been doing the invoicing. We've been doing the student agreement so that we can track it, right? But they haven't been invoicing. But they did invoice us this year. So, we'll be paying that tuition. And should at any time the other districts decide to start invoicing this, um, Malta is going to be on the the brunt of that, we'll we'll pay more money than
020we'll get in. >> If we start invoicing for >> other students that are coming to our district. >> Exactly. Because there's a lot more of our students going out than coming in. >> Based on that sheet that we got, >> it looked about even to me, but I didn't I didn't actually do a count. No, it's >> No, it's 21. But But if you look at it, a lot of it's because they live right up next to the other district. >> Yeah. Yeah. >> Like water. >> No, it's true. >> Turner. >> Yeah, I get it. >> Yeah, >> but I just didn't realize there was such a big split. >> Yeah. >> All right. Anything else about tuition? All right. Uh retirement, we uh beginning balance was 246,000. Um total revenues were 503,000 and
021expenditures were 553,000 for ending fund balance of 197,000. Um basically and um we will be increasing our uh county levy request this year because we have more teachers this year and we are paying higher salaries. So we're going to have to bump that up. Um miscellaneous. So we uh there's all kinds of stuff in miscellaneous. We started the um beginning of the year with 155,000. We had revenues of 595,000 expenditures of 604,000 for an ending fund balance of 146,000. So very close to the way we ended last year. [Music] adult ed. Um, no uh transactions in adult ed aside from a very small amount of revenue which was interest traffic education. We had a beginning balance of uh 257 revenues of uh 7500 expenses of 3,800 for and bringing us to an ending balance of
022uh 29,000. [Music] Uh the lease rental there's no um there's no activity on that other than um interest. Uh same for the compensated absence fund. [Music] Any questions so far? Magic. I'm just thinking you guys are going to interrupt me. Okay, we will. >> Very good. All right. Um, technology fund, a beginning balance was 386. We had revenues of 63,000, expenditures of almost 65,000, giving us an ending balance of a little almost 37,000. Our flex fund um beginning balance was 120,000. We had $29,000 of revenue, um, $85,000 of expenditures, and, uh, that brought our ending balance to 64,000. >> Do you remember what it was? What some of the big items were? >> That $85,000. Yeah, it was that $56,000 for the health insurance. >> Thank you. I knew there was something big there and
023I couldn't remember what it was. Thank you. >> Yeah. And then the other one was um paying for some items in the general fund that we went over budget on, right? To get us back into budget authority. Uh the debt service fund, uh the beginning balance was 19,500. Um we had revenue of 1,99.85, 85 expenses of 11,461 which brought our um ending balance to 9,147. Um, I will tell you that the as a result of me working on this and then working on the budget, um, we will have be having to have a further conversation with OPI come like October because, um, they're questioning, I'm my apologies, they're questioning the, um, use the way that we were using the funds. um because the the funds are supposed to be used for what are called SID
024expenses which are expenses associated with your um with your building. So for example, when we bought this building, the city would have issued an SID for the sewer and the roads and the parking lots and you know stuff like that. And it's like a special tax that you pay. It's a development tax essentially. And so you use your debt service fund, which is essentially your bond fund. You can use monies that are left over there after you've built your building to pay this SID because the SID is usually over 20 20 years or something like that. It depends. I don't know how long our SID was. Um but what we did is that we kept our debt service fund and we um started paying our maintenance which is garbage um sewer and the street sweeping
025kind of stuff, right? Like uh we started paying our maintenance taxes out of there. OPI says that we shouldn't have been doing that. Um >> but we've been doing it for as far back as I went back. um you know I didn't granted I didn't go back too far but um so OPI said let's get through the budget and all this kind of stuff and then we'll come back and we'll revisit this so just a heads up >> okay that there's some future stuff going on there all right the building fund um we started the year with 195,000 we had revenue of 1,900 and expenditures of 169 999,000. That left us with an ending balance of 27,687. >> And in what fiscal year was our last payment on the HVAC? >> On the HVAC was
026in fiscal year 25. >> Okay. Yeah. >> So it's included in here. So >> well, so this is building not building reserve. >> Not building reserves. Sorry. That 169,000 that you guys spent out of building fund was in fact um part of it was for Platinum Peak, which is the roof roof. >> Um it might have all been Platinum Peak, but it was for one of those two projects. >> Okay. >> Yeah. >> I was just mostly curious if we would if there was any lag in seeing some of those expenses in >> future. No, both of those both of those projects are completely closed. >> Okay. And >> In fiscal year 25. and they have been um capitalized in fiscal year 25. So they're they're now on our asset balance sheet. >> Thank you.
027>> Mhm. >> Um the building reserve uh we started the year with 327 $328,000. We had revenues of $687,000, expenditures of $635,000, which um left us with $379,000 with the loan. >> Yeah. So, we also >> that's not counted as revenue. It's it's calculated separately. >> So, the loan's not included in this at all. >> It's not included in your revenues and expenditures, but it's a liability on your balance sheet. Okay. >> Thank you. >> Mhm. >> Yeah. So, if you scroll above that summary section, if you go to the top at building reserve, you'll see it says proceeds from long-term liabilities 500,000. >> Okay. >> Mhm. And then you'll see in the expenses um what we uh budgeted to that 910, that project ID, which was $120,000. So essentially, we spent all of our
028budget, which is why you guys went out and got the loan, right? You guys spent all the money that you had in the bank account, and then you spent $120,000 more, and that was from the $500,000. That's how you end up with $380,000 in your account, right? Make sense? Keep in mind, okay? Um, private trust started the year with 474752. Um we had $155 in interest income. We uh gave back the um the one uh scholarship fund to the Gilkerson family and then we had that left us with the um with the other fund which we're going to be giving to the Mustang Foundation this year. [Music] uh extracurricular activities. Beginning fund balance was 325,000. They had revenues of uh 462,000 expenditures of 58,000 um leaving them with a balance of 280,000 at the end
029of the year thereabouts. Uh this private purpose trust um is just interest revenues giving us an ending balance of 8216. Then there's some special stuff uh special reporting that you have that we have to do for the Department of Education and the um and OPI. I I don't think we need to get into the um nitty-gritty of that. It's it's basically just restating everything we just went over in a different way by breaking it up by school um by I should say by student and um and then doing some special stuff with special education. So, if you want to get to your pages, your page where it says schedule of changes and long-term um liabilities 50. >> So, the um the one that I really want to call your attention to is our loans payable,
030right? Is uh um and then our um principal payments that we made against those loans. They don't include interest. It's just the principal payment. So, this is just the principal of the loans. And um then your long-term uh portion due in um fiscal year 2027, I don't know, fiscal year 2026. And then they say that the whole loan is due in 2027, but it's really not. Right. So, >> 27 and beyond, >> right? Any questions about that? Okay. Um net pension liability. This is uh information that we get from PERS and uh TRS. So our beginning balance was um 652. We had additions of um almost $58,000 for an ending balance of 710670. and TRS with beginning balance of 3.5 million had additions of 1638 and um ending balance of 3.398705 excuse me a reduction
031of 163834 that's the retirement and that is your Um, TRS, >> do you need an action item? >> I do need a motion to approve and then I have to have Kyle sign it and then send it on to Darling. >> Make a motion to approve fiscal year 25 TFS. >> I second. >> Motion by Angel, second by Jessica. Any discussion? Any discussion? All in favor say I. >> I. >> All oppose. Same sign. Motion carries. Next action item. Review fiscal year 26 proposed budget. >> Um okay. So the budget, there was a couple of little things I gave you at the beginning of your packet that were um just kind of someformational stuff for you guys. And what I wanted to call your attention to was the change in taxable value. So the state
032legislature, the way that I understand it, used to um figure taxable value at 1.2% 2% of the um the total reb or the total um assets of the county and the legislation put it down to8%. >> So it what it did was it decreased our taxable value. I'm not really quite sure why there and the um county wasn't really able to tell me why either why this was done, you know, why the legislature did this. There's this really cool little thing that you can >> We'll do it later. >> You just have to laugh and keep going. >> Um >> I know. But essentially what it means is is that we have to charge more mills to get the same or a little bit more amount of money. Right? So which is a little deceptive
033because it might look to our taxpayers like we're charging them more because that's what I know that's what I pay attention to when I look at my tax bill. I'm looking at the mills, right? I'm not money worth less >> worth less. Each mill is worth less. >> Okay. >> So, this is important if you guys get questions, right, about this when test bills come out. >> Okay. It seems a little counterintuitive to the legislation passing the STARS Act. It's like here's the Stars Act. Here's a bunch of money. Also, you're getting less money now. >> Yeah. Well, taxable value >> per Well, I mean per mill. You're getting less money per mill. >> Yes. >> Right. >> Because they've reduced the taxable value. >> Yeah. Yeah. So, I don't know if it was part
034of the whole play about, you know, the second home taxable values like they were getting taxed at a higher rate or, you know, changed. >> I don't know, right? But this is this is where we are. So, I just wanted to make you guys aware of that. Um, and so what I did was I did our 2025 taxable value, our um levy, and the number of mills. And then I did our 2026 um levy amounts in dollars, right? And the number of mills. And then I gave you in a variance. What I really want you to pay attention to is the dollar amount, right? That's the most important thing. So the place that we're seeing the biggest impact is transportation. And that's because our our costs in transportation are just continuing to rise. I mean,
035if gas prices go up, parts are >> we looking at the first >> um >> Yeah. page two, the first whole document. >> First document. Okay. Yeah. >> Yeah. >> Um so the general fund we have a very small um increase, right? Uh that and we did have a voted levy uh in the in the general fund. So that's going to help uh give us a little bit more money in there. But transportation is the big story. And then the other one that's the big story here is the building reserves um for SMA. So last year the numbers got backwards. So we levied 65,000 and the state only gave us 27,000. It should have been the other way around. It should have been that we levied 27,000 and the state give us 65,000 because every
036dollar that you levy decreases the amount the state gives you. So the small is a is a bucket number, right? And you levy this much and the state gives you this much to get to that bucket number. >> The state just fills in the gap >> of whatever they approve as the small amount. Yes. And so, um, this year we're levying the correct amount, which is actually going to show as a as tax relief to our taxpayers. And it is tax relief to our taxpayers because we're not going to be um levying as much as we did last year. >> And it means that we're getting the full amount from the state, which is what we should be getting, right? we should be >> maximizing the state's money and not our taxpayers money. >> So
037I just wanted you guys those were kind of the three big things I wanted you to look at there and I wanted you to be aware that we might get some questions about the mills >> mills. Okay. So, it's the same amount and those are just worth a different amount. >> No. And but we do have some increases, right? >> A little bit of an increase, but >> a little bit of it of increase in general and transportation um decreases pretty much everywhere else >> or flat. All right. And then, um I wanted to give you also a general fund overview. So, uh fiscal year 2025, our general fund budget was um 4.6 6 million. Um this year we're at 4.9 million. We're at the max budget with a vote because our um levy did
038pass. [Music] So then what I've set up for you is um the what the budget was last year versus what our budget is this year. And I've tried to explain some of the variances So, I'm happy to go through this line by line if you guys want to or if you just want to ask questions as you look at it. Okay. [Music] >> If I remember correctly, the the big variance there on um support and business services was just a reclassification for that IT directors. Mhm. >> So instead of being put into a general instruction, which is where he was in the previous year, or that position was, it's actually getting categorized to the right. >> I I have to assume that that's the case. I don't know if he was included in the general
039instruction budget, right? Because it's just a big bucket of money. >> It's huge. And then we're also categorizing software costs correctly because the other place that we've been um dumping software costs is in also general instructions and supplies. So want to make sure that we're getting those categoriz categorized. Did we hear um about state title state idea? Like there was some question about whether or not we were going to get that money for this. >> We will get we're we are going to get the money. Title one has already been um title one a guaranteed at this point. We're still >> we're still waiting on two and four. Uh Steve's closer to that than I am because he's the one who does all of those. And we have not heard anything about IDA, but we
040haven't heard anything to say that we won't get that money. >> We just don't know either way. Right. >> Okay. That was the last thing I had heard too, so I wasn't sure. Okay, that answers my question. Thank you. >> We're going on the assumption that we're going to receive the same amount last year this year received last year. >> All right. >> Okay. Sorry. So, in the interest of time, um, let's just kind of go ahead and get right to the budget, then. All right. So, the first page of the um fiscal year 2026 budget report. Is everybody there? Go back down. Page 52. Um, so some of these numbers will be pretty familiar to the finance committee because we've been talking about, you know, forecasting and all that kind of stuff for the
041um for the last few months. This year, my plan is is to have that information much closer to the full board, right? so that you guys actually are familiar with these numbers as well before I bring them to you for the budget. But um I just wasn't confident enough in my forecasting to do that. Now that I see these numbers, I see how close I was and I it's given me confidence that I'll be able to do a better job for you guys keeping the full board informed on where we are when we start doing forecasting for year end and for next year. >> Um so the general fund there's that max at 4.9. Our transportation we bumped up to 710 this year. Um we're we're trying to do small increases year-over-year um so that
042we can um bump up that transportation uh budget just a little bit, try and keep ahead of um inflation and increasing costs, but of course we'll evaluate that every year. Uh bus appreciation reserve uh 282 um tuition 150, retirement 650. That is an increase from last year. Um, adult education, um, no change there. Technology is, uh, 99898. Flex is, uh, 64107. Building reserve is 618768. And that gives us a total of all funds for, um, 7.5 million. And so you can see where our um required reserves are. That's in the second column. And then what they call um unreserved fund balance reappropriated, which essentially just means that's what we're carrying over above the reserve. >> That's what we're carrying over. Is that what you just said? >> Above the reserve. Yes. >> Okay. And then
043um in that final column that tells you what our um levies are going to be this year. [Music] Will we really carry that much over? I mean, I guess if that's the way the budget is, I'm just cons like that seems >> that 942,000. It seems like we've always spent everything that has come in and so that in >> the general fund. Yes. But in the other funds, it's to our advantage to have some carryover, right? Because >> like transportation, >> transportation for sure, because it we need to build those funds up in order to purchase buses, right? you it's hard for us to afford a bus a year, so to speak, right? Because we don't we have to you're only allowed to depreciate so much money each year and so you kind of have
044to let that money grow a little bit year-over-year. Um and then the same thing for building reserve, right? You you don't want to spend all of that money every year because then that means you're any you can't do any projects at the beginning of the year until you get your first tax dollars in November which is rid like you can't do that. >> Yeah. >> Stuff happens like you know gym floors and things like that. >> That doesn't happen. >> Okay. Sorry. That was my question. Okay. Um, and then the the following pages are just a um Oh gosh, >> I know why my husband's calling me five times in a row. Sorry. >> It's not an emergency. You forgot. >> I didn't text him the daycare's address. >> That's kind of to pick up
045JJ. I Whoops. Um, I'll I'll get it to him here as soon as we finish this up. Okay. Um, so the ne the following pages are just detailed breakdowns of that first page that you guys looked at. So I'm and then it it shows you all the calculations and all that kind of stuff which is like >> it's you know it's a lot. It's good stuff. >> It's really good stuff. Yeah. Um, but just know that I have run all of the OPI worksheets and everything calculates out the way that it's supposed to calculate out and I believe that OPI's uh information is correct um as far as in the um in the general fund and then of course the rest of the funds are you know basically funds that we manage. which you know
046the state doesn't tell us anything about our transportation fund or anything like that other than how much we have to reserve. So that's what the rest of these pages are and then um you have some uh [Music] so those are all of the um breakdowns. Hopefully you guys have perused this and looked it over in great detail. I did just enough to confuse myself. >> Um I'm better with the lecture. >> Yes. So that's pretty much uh where we are for this school year uh 2026. And then I do have um I have some detailed breakdown of the um the general fund. It was just a lot for me to give to you guys. I didn't want to overwhelm everyone. But just know that of that general fund, this is this page here, this um
047Excel page is a rollup of another very long page where I go into line by line you know, budgeting what we're going to spend in each of those lines. >> Was that the first or the second? That must be the second one. >> Mhm. [Music] >> So, if you want the details, I can I can share those with you. >> It's pretty easy to open and look at it. [Music] So, I think that one thing that we're going to be >> No, I don't have anything. >> One thing that we are going to be doing this year is we're going to be holding a monthly administration meeting with all of um the non-union heads essentially. And everybody at that meeting, I'm going to be doing a budget report so that everybody understands where they are
048within their budget, right? So that there's no questions about overspending or, you know, now you can't spend anymore and why you can't spend anymore and things like that. So, we're going to I'll I'll I'm doing I'm planning on keeping a much closer eye on that this year. >> Perfect. Thank you. [Music] Thank you for doing that, Heather. >> Yes, thanks for the budget. >> I make a motion to approve the fiscal year 26 budget. I second >> motion from Angel and the second from Katie. Any discussion? Any discussion? All those in favor say I. >> I. >> All those opposed, same sign. Motion carries. I need a motion to adjurnn. Motion to adjourn. Is a second. >> Motion by Angel or Jessica. Second by Angel. Any oppose? Are all in favor? Say >> I. >>
049All oppose. Same thing. Motion carries. We're >> all right. 10 minutes. Bathroom break within.