Olney I.S.D. board approves 2026-27 budgets across four funds
August 27, 2026 | OLNEY ISD, School Districts, Texas
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The Olney Independent School District Board of Trustees approved the district's 2026-27 budgets for the General Fund (199), Food Service/Child Nutrition Fund (240), Debt Service (599) and Construction (699) at its Aug. 27 meeting. Superintendent Dr. Matt Caffey and Chief Financial Officer Tim H. Orsak reviewed the proposals, including local property revenue and state funding calculations, before the roll call vote.
"Motion to approve the 2026-27 Budget for the General Fund 199, Food Service Fund 240, Debt Service Fund 599, and Construction 699 as presented," the board recorded; Trustee Reid Miller moved the motion and Trustee Kyle Turner seconded. The motion carried 6-0. The board also heard additional details from CFO Tim H. Orsak about payroll cost expectations that were incorporated into the budget figures.
The approved budgets will drive next fiscal year's operating plans, payroll, and capital work tied to Fund 699. The board authorized the budgets as presented; no amendments were recorded at the meeting.
"Motion to approve the 2026-27 Budget for the General Fund 199, Food Service Fund 240, Debt Service Fund 599, and Construction 699 as presented," the board recorded; Trustee Reid Miller moved the motion and Trustee Kyle Turner seconded. The motion carried 6-0. The board also heard additional details from CFO Tim H. Orsak about payroll cost expectations that were incorporated into the budget figures.
The approved budgets will drive next fiscal year's operating plans, payroll, and capital work tied to Fund 699. The board authorized the budgets as presented; no amendments were recorded at the meeting.
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