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2026-27 Proposed Budget - BOE - 05-26-26 Final (1).pdf (1,059 KB)
Regular Meeting, May 26, 2026 · item 12.1: 2026-27 Proposed Budget · 22 pages
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Board of Education | May 26, 2026
2026-27 Proposed Budget
2026-27 Budget Development Process
General Operating Fund & Other Funds
2
2025-26 Proposed Budget ● Budget Development Timeline & Milestones ● Budget Development Input ● Projected Enrollment ● Proposed Budget ● Next Steps
2026-27 Proposed Budget - BOE - 05/26/26
3
2026-27 Budget Development Process
Timeline & Milestones
4
Last Year
FY 24-25
This Year
Next Year
FY 25-26
FY 26-27
Milestones 2026-27 Budget Development Process Milestones
1-Sep September 09-Sep
23-Sep
October 14-Oct
28-Oct
November 18-Nov
20-Sep: 2025-26 State Q1 Revenue Forecast
December 09-Dec
January 13-Jan
27-Jan
01-Nov: 2026-27 Governor’s Budget Released
09-Dec: 2025-26 Enrollment Update
07-Jan: Close 2026-27 Open Enrollment
15-Nov: BVSD First Quarter Financials
09-Dec: 2024-25 Financial Audit Update
14-Jan: Convene 2026 CO General Assembly
30-Nov: 2025-26 October Count Finalized
19-Dec: 2025-26 State Q2 Revenue Forecast
15-Jan: Initial 2026-27 Enrollment Projection
Board of Education Meeting
27-Jan: 2026-27 DAC Budget Recommendation
Board of Education Work Session
Stakeholder Input Options: •District Accountability Committee •District Parent Council •Latino Parent Advisory Council •Community Budget Input •School Leadership •Public Comments at BOE Meetings •Staff Communication
Data Input Feedback
27-Jan: Open Enrollment Lottery Results Jan 27: Meeting with Legislative Reps
February 10-Feb
24-Feb
March 10-Mar
April 14-Apr
28-Apr
February - April Staffing Allocations 01-Feb: Prior Year Consumer Price Index (CPI) Released
01-Mar: Workers’ Comp Premium Determined
14-Apr: Preliminary Budget to BOE
24-Feb: BOE Budget Work Session
01-Mar: Preliminary Unemployment Expense Estimation
15-Apr: Notice of Probable PARA FTE to be Affected
24-Feb: 2025-26 Mid-Year Financial Review
15-Mar: Notification to BVEA of Potential Reduction in Force
28-Feb: Preliminary Health & Dental Insurance Rates
15-Mar: Review / Update Enrollment Projections
30-June May
12-May
June
26-May 09-Jun
23-Jun
13-May: Adjourn CO General Assembly
20-Jun: State 2025-26 Q4 Revenue Forecast
15-May: BVSD Third Quarter Financials
30-Jun: Deadline for 2026-27 Budget Adoption
15-May: Notification to all Employees Affected by Reduction in Force 26-May: 2026-27 Proposed Budget to BOE
20-Mar: 2025-26 State Q3 Revenue Forecast
Action
2026-27 Proposed Budget - BOE - 05/26/26
5
Last Year
FY 24-25
This Year
Next Year
FY 25-26
FY 26-27
Milestones 2026-27 Budget Development Process Milestones
1-Sep September 09-Sep
23-Sep
October 14-Oct
28-Oct
November 18-Nov
20-Sep: 2025-26 State Q1 Revenue Forecast
December 09-Dec
January 13-Jan
27-Jan
01-Nov: 2026-27 Governor’s Budget Released
09-Dec: 2025-26 Enrollment Update
07-Jan: Close 2026-27 Open Enrollment
15-Nov: BVSD First Quarter Financials
09-Dec: 2024-25 Financial Audit Update
14-Jan: Convene 2026 CO General Assembly
30-Nov: 2025-26 October Count Finalized
19-Dec: 2025-26 State Q2 Revenue Forecast
15-Jan: Initial 2026-27 Enrollment Projection
Board of Education Meeting
27-Jan: 2026-27 DAC Budget Recommendation
Board of Education Work Session
Stakeholder Input Options: •District Accountability Committee •District Parent Council •Latino Parent Advisory Council •Community Budget Input •School Leadership •Public Comments at BOE Meetings •Staff Communication
Data Input Feedback
27-Jan: Open Enrollment Lottery Results Jan 27: Meeting with Legislative Reps
February 10-Feb
24-Feb
March 10-Mar
April 14-Apr
28-Apr
February - April Staffing Allocations 01-Feb: Prior Year Consumer Price Index (CPI) Released
01-Mar: Workers’ Comp Premium Determined
14-Apr: Preliminary Budget to BOE
24-Feb: BOE Budget Work Session
01-Mar: Preliminary Unemployment Expense Estimation
15-Apr: Notice of Probable PARA FTE to be Affected
24-Feb: 2025-26 Mid-Year Financial Review
15-Mar: Notification to BVEA of Potential Reduction in Force
28-Feb: Preliminary Health & Dental Insurance Rates
15-Mar: Review / Update Enrollment Projections
30-June May
12-May
June
26-May 09-Jun
23-Jun
13-May: Adjourn CO General Assembly
20-Jun: State 2025-26 Q4 Revenue Forecast
15-May: BVSD Third Quarter Financials
30-Jun: Deadline for 2026-27 Budget Adoption
15-May: Notification to all Employees Affected by Reduction in Force 26-May: 2026-27 Proposed Budget to BOE
20-Mar: 2025-26 State Q3 Revenue Forecast
Action
2026-27 Proposed Budget - BOE - 05/26/26
6
2026-27 Budget Development Process
Budget Development Input
7
Last Year
FY 24-25
This Year
FY 25-26
Next Year
FY 26-27
2026-27 Budget Development Focus Employee Compensation Strategic Initiative Investments Special Education, Grad Plus Strategic Plan Implementation Addressing Achievement Gaps, Opportunity Gaps, and Disproportionality ● Inflation ● Mitigating State Budget Cuts ● ● ● ● ●
2026-27 Proposed Budget - BOE - 05/26/26
8
Last Year
FY 24-25
This Year
FY 25-26
Next Year
FY 26-27
2026-27 Budget Development Input ● ● ● ● ● ● ● ● ●
District Accountability Committee Recommendations School Stakeholders via School Accountability Committee Latino Parent Advisory Committee Special Education Advisory Committee District Parent Council Public Comments at School Board Meetings Principal's Advisory Council Superintendent’s Cabinet 16 Topics at 13 School Board Meetings
2026-27 Proposed Budget - BOE - 05/26/26
9
Last Year
FY 24-25
This Year
FY 25-26
Next Year
FY 26-27
2026-27 Budget Development Input ● 13 Board of Education Meetings on the Topics of: ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○
State Assessment Results, KPIs and UIP Outcomes Declining Enrollment Data Worksession BVSD BWell Action Plan Early Childhood Education and Preschool Update 2024-25 Annual Comprehensive Financial Report Enrollment Update and Trends 2026‐27 Budget Development Process, Milestones and Budget Outlook Strategic Plan Progress Update 2025-26 Revised Budget DAC Budget Recommendations for SY 26-27 Annual Enrollment Trend Report 2026-27 Preliminary Budget Artificial Intelligence Update Sustainability Action Plan
2026-27 Proposed Budget - BOE - 05/26/26
10
2026-27 Budget Development Process
Enrollment
11
Last Year
FY 24-25
This Year
FY 25-26
Next Year
FY 26-27
2026-27 Projected Enrollment Headcount Category
2024-25
2025-26
2026-27
2024-25 to 2026-27
General
24,533
24,046
23,557
-976
-489
Charter
2,380
2,362
2,377
-3
15
Preschool*
770
829
829
59
0
Online
230
224
210
-20
-14
27,913
27,461
26,973
–940
-488
Total Enrollment
2025-26 to 2026-27
*Preschool Enrollment reflects October of each year for comparison purposes. Projected Enrollment is actual students, not Funded FTE which includes averaging for funding purposes
2026-27 Proposed Budget - BOE - 05/26/26
12
Declining enrollment continues to affect the district. 2026-27 projections made earlier in the budget development process are being revised further downward to reflect reduced spring enrollment patterns.
2026-27 Proposed Budget - BOE - 05/26/26
13
2026-27 Proposed Budget
Proposed Budget Highlights
14
Last Year
FY 24-25
This Year
FY 25-26
Next Year
FY 26-27
Budget Development Review Revised Budget - One-Time Items = Base Budget Base Budget +/- 1X/Ongoing Changes = Preliminary Budget Preliminary Budget +/- 1X/Ongoing Changes = Proposed Budget Proposed Budget +/- 1X/Ongoing Changes = Revised Budget
2026-27 Proposed Budget - BOE - 05/26/26
15
Last Year
FY 24-25
This Year
FY 25-26
Next Year
FY 26-27
2026-27 Proposed Budget ● Highlights ○ ○ ○
Reduction in Projected Enrollment Resource Commitments and Adjustments Changes from April 14 Preliminary Budget
● Other Funds ○ ○ ○
Charter Fund - Slight Increase of net Estimated Transfer Community Schools Fund - Scoreboard Management Operations and Technology Fund - Increased Transfer of Expenditures; Scoreboard Purchase and Installation
● Next Steps 2026-27 Proposed Budget - BOE - 05/26/26
16
Last Year
FY 24-25
This Year
FY 25-26
Next Year
FY 26-27
2026-27 Proposed Budget Highlights ● $4.9M in new ongoing revenue ● ($5.1M) ongoing reduction in staffing costs to address declining enrollment, staff turnover ● $15.3M of ongoing and one-time funds committed to staff compensation ● ($1.0M) central administrative reductions ● $1.0M additional staffing to eliminate multi-age/multi-grade classrooms
2026-27 Proposed Budget - BOE - 05/26/26
17
Last Year
FY 24-25
This Year
FY 25-26
Next Year
FY 26-27
2026-27 Proposed Budget Highlights ● $6.1M committed to additional school staffing, programs and instructional materials ○ ○ ○ ○
Apex Expansion - New Content Areas Special Education - Moderate Needs Resource Expansion Textbooks and Curriculum Materials Charter Schools
● $3.8M transfer increase to Operations and Technology Fund to support a 1 percent COLA for staff ● $6.9M additional funding committed to long range planning, building maintenance, health services and addressing inflationary pressures for software and utilities 2026-27 Proposed Budget - BOE - 05/26/26
18
Last Year
FY 24-25
This Year
FY 25-26
Next Year
FY 26-27
2026-27 Proposed Budget: General Fund Item
Preliminary Budget
Change
Proposed Budget
Beginning Balance
$ 65.6M
$ 0.0M
$ 65.6M
Includes mid-year estimation
Revenue
$ 440.5M
($ 0.4M)
$ 440.1M
Reduced Enrollment, 1X Prop Tax
Total Resources
$ 506.1M
($ 0.4M)
$ 505.7M
Expenditures
$ 384.8M
$ 1.4M
$ 386.2M
1% COLA, Ops & Tech Fund
Transfers
$ 69.7M
$ 0.2M
$ 69.9M
Charter Fund
Reserves
$ 44.2M
$ 0.0M
$ 44.2M
3% TABOR, 4% Contingency
Total Uses
$ 498.7M
$ 1.6M
$ 500.3M
Ending Balance
$
($ 2.0M)
$
7.4M
2026-27 Proposed Budget - BOE - 05/26/26
Description
5.4M
19
Last Year
FY 24-25
This Year
FY 25-26
Next Year
FY 26-27
2026-27 Proposed Budget: General Fund Item
Base Budget
Total Change
Proposed Budget
Beginning Balance
$ 54.1M
$ 11.5M
$ 65.6M
Includes mid-year estimation
Revenue
$ 433.6M
$ 6.5M
$ 440.1M
Enrollment, Finance Act, Override
Total Resources
$ 487.7M
$ 18.0M
$ 505.7M
Expenditures
$ 365.5M
$ 20.7M
$ 386.2M
Comp, Multi-Year, Programs
Transfers
$ 68.0M
$ 1.9M
$ 69.9M
Charter Fund
Reserves
$ 54.1M
($ 9.9M)
$ 44.2M
TABOR, Contingency, Multi-Year
Total Uses
$ 487.6M
$ 12.7M
$ 500.3M
Ending Balance
$
$ 5.3M
$
0.1M
2026-27 Proposed Budget - BOE - 05/26/26
Description
5.4M
20
2026-27 Budget Development Process
Next Steps
21
Last Year
FY 24-25
This Year
FY 25-26
Next Year
FY 26-27
2026-27 Proposed Budget - Next Steps ● June 09 - 2026-27 Scheduled Budget Adoption ● June 30 - Statutory Deadline for 2026-27 Budget Adoption ● January 31, 2027 - Statutory Deadline for 2026-27 Revised Budget Adoption
2026-27 Proposed Budget - BOE - 05/26/26
22