BOE Update - 2025-26 Revised Budget - 01-13-26.pdf (3,314 KB)

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Board of Education | January 13, 2026

2025-26 Revised Budget

Last Year

FY 24-25

This Year

FY 25-26

Next Year

FY 26-27

Fiscal Cycle and Budget Process FY 26-27

FY 25-26

FY 24-25

28-month ﬁscal process spanning three ﬁscal years

December

Audit presentation to Board of Education

Current Year Second Quarter State Revenue Forecast

Budget Development Process and Budget Outlook for next ﬁscal year

NOW

December

2025-26 Revised Budget - 01/13/26

January 2025-26 Revised Budget Adoption

Last Year

FY 24-25

This Year

FY 25-26

Next Year

FY 26-27

2025-26 Revised Budget: Overview ● Enrollment ● General Operating Fund ○ ○ ○ ○ ○ ○

Beginning Balance Revenue Expenditures Transfers Reserves Summary of Changes

● Other Funds - Notable Changes ● Strategic Investments ● Next Steps 2025-26 Revised Budget - 01/13/26

2025-26 Revised Budget

Enrollment

2025-26 Revised Budget - 01/13/26

Last Year

FY 24-25

This Year

FY 25-26

Next Year

FY 26-27

2025-26 Revised Budget: Enrollment Group

Budget

Actual

Delta

Percent

General Fund

24,241

23,965

(276)

(1.1%)

Charter Schools

2,390

2,362

(28)

(1.2%)

Preschool*

825

829

0.5%

Halcyon

11.8%

Transitions

12.7%

Boulder Universal

210

224

6.7%

Total Enrollment

27,738

27,461

(277)

(1.0%) * UPK, Tuition, SpEd

2025-26 Revised Budget - 01/13/26

Last Year

FY 24-25

This Year

FY 25-26

Next Year

FY 26-27

2025-26 Revised Budget: Enrollment (cont.) Group

Budget

Actual

Delta

Percent

Elementary

9,825

9,689

(136)

(1.4%)

Middle

5,469

5,397

(72)

(1.3%)

High

8,947

8,879

(68)

(0.8%)

Total Enrollment*

24,241

23,965

(276)

(1.1%)

* General Fund, Traditional Schools

2025-26 Revised Budget - 01/13/26

Last Year

FY 24-25

This Year

FY 25-26

Next Year

FY 26-27

2025-26 Revised Budget: Enrollment (cont.) Group

Budget

Actual

Delta

Percent

SpEd Pre-K

309

293

(16)

(5.2%)

UPK

336

355

5.7%

Tuition

180

181

0.6%

Total Enrollment

825

829

0.5%

2025-26 Revised Budget - 01/13/26

Last Year

FY 24-25

This Year

FY 25-26

Next Year

FY 26-27

Declining enrollment continues to impact BVSD. Larger declines at the early grades will progress through the system. Impacts include the educational experience for students as well as the eﬃcient use of resources.

2025-26 Revised Budget - 01/13/26

2025-26 Revised Budget

General Operating Fund 2025-26 Revised Budget - 01/13/26

Last Year

FY 24-25

This Year

FY 25-26

Next Year

FY 26-27

2025-26 Revised Budget: Beginning Balance Item

Amount

Description

2025-26 Adopted Budget

$ 59.2M

Adopted Beginning Balance

Unspent Budgets

$ 10.2M

Requested Carryover

Additional Revenue

$ 0.8M

Medicaid, SOT*

Net Transfers

$ 4.3M

Variance from Adopted Budget

Net Unspent Budgets

$ 8.5M

Personnel, Non Personnel

2025-26 Revised Budget

$ 83.0M

Revised Beginning Balance * Specific Ownership Tax - A portion of car registration fees attributable to the district.

2025-26 Revised Budget - 01/13/26

Last Year

FY 24-25

This Year

FY 25-26

Next Year

FY 26-27

2025-26 Revised Budget: Revenue Item

Amount

Description

2025-26 Adopted Budget

$ 434.6M

Adopted Total Revenue

Ongoing Revenue - SOT

0.8M

Non-Equalized SOT*

Ongoing Revenue - State & Local

1.5M) Finance Act, Categorical Funding

Ongoing Revenue - Property Tax

0.3M) Mill Levy Collections

One-Time Revenue

5.4M

Abatements

One-Time Revenue

2.9M

Interest, Donation

2025-26 Revised Budget

$ 441.9M

Revised Total Revenue * Specific Ownership Tax - A portion of car registration fees attributable to the district.

2025-26 Revised Budget - 01/13/26

Last Year

FY 24-25

This Year

FY 25-26

Next Year

FY 26-27

2025-26 Revised Budget: Expenditures Item

Amount

Description

2025-26 Adopted Budget

$ 379.4M

Adopted Total Expenditures

Standard Carryover

9.8M

Textbooks, Medicaid, SRA

Special Carryover Request

$ 0.4M

School, Dept, District-Wide

One-Time Funding Request

2.3M

SpEd, MHA’s, Summer Summit

One-Time Funding Request

1.0M

Tech Devices, Ops, Translations

Subtotal One-Time Expenditures

$ 13.5M

One-Time Expenditure Changes

2025-26 Revised Budget - 01/13/26

Last Year

FY 24-25

This Year

FY 25-26

Next Year

FY 26-27

2025-26 Revised Budget: Expenditures (cont.) Item

Amount

Description

Ongoing Expenditures

($ 1.9M)

Instructional Staff - October Count

Ongoing Expenditures

$ 0.3M

Inﬂation and Software

Subtotal

($ 1.5M)

Ongoing Changes

Subtotal

$ 13.5M

One-Time Changes

2025-26 Revised Budget

$ 391.3M

Total Revised Expenditures

2025-26 Revised Budget - 01/13/26

Last Year

FY 24-25

This Year

FY 25-26

Next Year

FY 26-27

2025-26 Revised Budget: Transfers Item

Amount

Description

2025-26 Adopted Budget

$ 71.4M

Adopted Total Transfers

Differentiated Fund One-Time

$ 5.0M

Future Investment

Preschool Fund Ongoing

$ 0.3M

Revenue Impact

Preschool Fund One-Time

($ 0.4M)

Donation, Compensation

Transportation Ongoing

$ 0.1M

Re-org, State Reimbursement

Other Ongoing

$ 0.2M

Charter Fund, Preschool, Athletics

Other One-Time

$ 0.2M

Charter Fund, CAP Reserve

2025-26 Revised Budget

$ 76.8M

Revised Total Transfers

2025-26 Revised Budget - 01/13/26

Last Year

FY 24-25

This Year

FY 25-26

Next Year

FY 26-27

2025-26 Revised Budget: Reserves Item

Amount

Description

2025-26 Adopted Budget

$ 42.2M

Adopted Total Reserves

TABOR Reserve

$ 0.4M

3% of Net New Expenditures

Contingency Reserve

$ 0.5M

4% of Net New Expenditures

Long Range Planning Reserve

$ 5.0M

Addressing Declining Enrollment

Special Ed Staﬃng Reserve

$ 2.0M

As-Needed Staﬃng Support

Pre-Purchased Materials Reserve

$ 2.8M

Curriculum Materials

Other Reserves

$ 1.2M

Multi-Year Projects

2025-26 Revised Budget

$ 54.1M

Revised Total Reserves

2025-26 Revised Budget - 01/13/26

Last Year

FY 24-25

This Year

FY 25-26

Next Year

FY 26-27

2025-26 Revised Budget: General Operating Fund Item

Adopted Budget

Change

Revised Budget

Beginning Balance

$ 59.2M

$ 23.8M

$ 83.0M

Revenue

$ 434.6M

7.3M

$ 441.9M

Total Resources*

$ 493.8M

$ 31.1M

$ 524.9M

Expenditures

$ 379.4M

$ 11.9M

$ 391.3M

Transfers

$ 71.4M

5.4M

$ 76.8M

Reserves

$ 42.2M

11.9M

$ 54.1M

Total Uses*

$ 493.1M

$ 29.3M

$ 522.3M

Ending Balance

2025-26 Revised Budget - 01/13/26

0.8M

1.8M

2.6M

* May include slight rounding

Last Year

FY 24-25

This Year

FY 25-26

Next Year

FY 26-27

BVSD continues to balance ongoing and one-time resource investments to meet student needs, operational requirements, and inﬂationary pressures while maintaining long-term ﬁscal sustainability.

2025-26 Revised Budget - 01/13/26

2025-26 Revised Budget

Other Funds

2025-26 Revised Budget - 01/13/26

Last Year

FY 24-25

This Year

FY 25-26

Next Year

FY 26-27

2025-26 Revised Budget: Other Funds ● One-Time ○ Charter School Fund - 2024-25 reconciliation ○ Preschool Fund - Impact on Education donation and adjustment of compensation ○ Capital Reserve Fund - Planned project ○ Differentiated School Support Fund - Future investment funding

2025-26 Revised Budget - 01/13/26

Last Year

FY 24-25

This Year

FY 25-26

Next Year

FY 26-27

2025-26 Revised Budget: Other Funds ● Ongoing ○ Charter School Fund - PPR and enrollment count adjustments ○ Preschool Fund - Decreased funding from a CDEC practice change ○ Athletics Fund - Updated ticket sale and participation revenue projections ○ Transportation Fund - Reorganization of positions and state categorical reimbursement shortfall

2025-26 Revised Budget - 01/13/26

2025-26 Revised Budget

Strategic Investments 2025-26 Revised Budget - 01/13/26

Last Year

FY 24-25

This Year

FY 25-26

Next Year

FY 26-27

2025-26 Revised Budget: Strategic Investments Investment

Ongoing

One-Time

Future

Weighted/Differentiated Funding*

$5.2M

$21.7M*

UVA PLE Cohorts

$0.1M

Strategic Plan Support Team

$0.9M

$3.0M

Mental Health Advocates*

$1.8M

CTE Programming

$4.2M

Dual Immersion Expansion

$0.9M

FET Teams

$0.2M

$0.2M*

*Includes 2025-26 Revised Budget Additions

2025-26 Revised Budget - 01/13/26

Last Year

FY 24-25

This Year

FY 25-26

Next Year

FY 26-27

2025-26 Revised Budget: Strategic Investments Investment

Ongoing

Wellness Rooms

One-Time

Future

$0.7M

Curriculum

$2.0M

Restorative Practices

$0.1M

Assessments

$0.2M

MTSS

$0.2M

Professional Development

$0.6M

Total Investments*

$10.7M

$9.0M

$16.1M*

$25.0M*

*Includes 2025-26 Revised Budget Additions

2025-26 Revised Budget - 01/13/26

Last Year

FY 24-25

This Year

FY 25-26

Next Year

FY 26-27

2025-26 Revised Budget: Next Steps ● Budget adoption scheduled for January 27, 2026 ● Adjustments can be made up to June 30 with additional information ● Adjustments could result from revenue changes or unexpected expenditures and include additional transfers to other funds as necessary

2025-26 Revised Budget - 01/13/26

Questions?

2025-26 Revised Budget - 01/13/26