Rachel Belfield
Read a financial update and learn more about budget planning for future years.
Learn more at: ssd412.org/budget
At the Tuesday, November 12, School Board Regular Meeting, Assistant Superintendent of Business & Operations Angela Von Essen and Director of Business and Finance Art Clarke presented an update of the District’s current financial position to inform the planning of the District’s 2025-26 budget.
The key information for members of our community to take away from this report is:
- Our efforts to save money have helped us get through the past two years, and we need to continue expenditure reductions into future years to bring expenses in line with revenue.
- Our 2023-24 position was better than projected and current year (2024-25) projections show improvement; however, we face a significant budget deficit for next year (2025-26).
- Substantial reductions will be necessary to address both immediate needs and long-term financial health.
Read "November 12 Budget Update Explained" to learn more about our current financial picture and outlook.