Increases and decreases in one-time funding, in addition to the Education Stabilization, are assumed in the projection with an assumed Circuit Breaker carryforward of $3.35 million needed to balance the FY26 budget. Circuit Breaker revenue is based on the prior year’s expenses for special education and is assumed to increase by $400,000 in FY26 from our actual Circuit Breaker offset in FY25. An increase of $700,000 is needed in FY26 due to the loss of City funding given for a bridge credit to assist the district cope with rising tuition and health insurance costs. The district has taken steps to try and fund efficiencies and cost reductions over the next five years in order to responsibly handle the budget; however, even with these efficiencies, the district assumes a budget gap of approximately $13.9 million in FY27 due to continually rising costs that have outpaced our annual allocation. Over the course of the next five years, this deficit is expected to grow steadily, until finally reaching a total amount of $29.0 million.
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