Board reviews FY27 budget showing a small projected deficit

The Mountain Home School District presented its proposed FY27 budget showing roughly $33.4 million in total revenue and $34.1 million in projected expenses, creating a $701,541 shortfall as presented to the board.

“We have our local revenues, which is $3,848,813…state revenue is $26,873,557…So for total revenue, we have $33,402,170,” Trevor (S3) said as he walked the board through the revenue lines. He added the published budget was prepared before recent salary and benefit negotiations and that adjustments would be necessary to reconcile the final working budget.

Board members asked clarifying questions about local versus county revenue designations and the timing of contract-driven salary changes. The board voted to approve the proposed FY27 budget as presented, with the understanding staff will update the working budget to reflect final salary and benefit outcomes.