Board approves 2026–27 budget and SKGO bond resolution (NTE $3 million)

The Lexon School District 4 board approved the district’s 2026–27 general fund budget on second reading and authorized an annual SKGO bond resolution to help fund facility maintenance and technology investments.

A finance presenter noted the May financial statement showed the district “on track” and reported a $4 million transfer to the building fund intended to support capital work. The presenter said the district is recommending approval of a balanced budget that does not include a millage increase.

The board considered a 2026–27 general fund budget in the amount of $45,454,555 on second reading and a board member moved to approve the budget as presented. The motion was seconded and approved by voice vote.

Administration also recommended renewing the annual SKGO bond authorization—a mechanism the district uses annually to defer maintenance and stabilize millage—proposing a not‑to‑exceed amount of $3 million for the coming authorization. A motion to approve the SKGO bond resolution not to exceed $3 million was moved, seconded and approved by voice vote.

Meeting remarks emphasized that the SKGO mechanism allows the district to defer certain maintenance projects into a bond while keeping the millage level the same. The transcript does not record a roll‑call vote; board actions are recorded as approved by voice vote.