ITEM NUMBER: 8.H.
School Board Regular Meeting
- Meeting Date:
- 04/06/2026
- Prepared By:
- Amanda Heilman
Item Type:
Subject:
Approval of 2025-2026 Revised Budgets
Background:
Approval of the revised 2025-2026 budgets will change the individual fund totals as follows, as compared to the FY 26 Preliminary Budget which was board approved in June 2025:
- General Fund Revenues from $127,316,503 to $129,999,663.
- General Fund Expenditures from $128,358,681 to $130,505,097.
- Food Service Revenues from $6,718,310 to $6,131,500.
- Food Service Expenditures from $7,372,755 to $7,171,591.
- Community Service Fund Revenues from $7,849,816 to $7,834,104.
- Community Service Fund Expenditures from $7,460,948 to $8,265,412.
- Construction Fund Revenues from $1,200,000 to $2,015,000.
- Construction Fund Expenditures from $29,199,101 to $29,199,720.
- Debt Service Revenue from $16,559,992 to $16,463,792.
Recommended Action:
Enclosed, as a separate document, is the recommended revised 2025-2026 budget for Mankato Area Public Schools programs. This revised budget is an annual process and is recommended by the administration as a result of revised revenue projections, and a number of budget modifications which have occurred since the original budget was adopted in June of 2025. The primary drivers behind many of the changes in this Budget compared to the Preliminary Budget include: updated enrollment, special education state aid, compensatory aid, and employment agreement updates. District administration recommends approval.