The Ogden City School District Board of Education convened on June 19, 2025, to discuss the district's financial outlook and budget for the upcoming fiscal year. The meeting focused on the proposed budget for fiscal year 2026, highlighting key revenue sources, expenditures, and the overall financial health of the district.

The meeting began with a review of the current fund balance, projected to be approximately $37 million by the end of the fiscal year. The discussion included an overview of property tax levies associated with various funds, particularly Fund 10, which is primarily supported by a basic school levy generating around $14 million. The state contributes significantly, providing about $75 million through the minimum school program to help meet funding needs.

As the board examined the draft budget for fiscal 2026, it was noted that revenue is expected to increase slightly, primarily due to adjustments in salaries and benefits. However, expenditures are projected to remain stable, with most categories budgeted similarly to the previous year. The district continues to face a structural deficit, which will require ongoing attention.

The board also discussed specific funds, including Fund 20, which supports special education, and the capital projects fund, which anticipates spending around $10 million on construction projects, including the completion of Hillcrest. Concerns were raised regarding the food service fund, which currently has a negative balance. The board acknowledged that if the fund does not stabilize, it may necessitate financial support from the general fund.

In conclusion, the board's discussions underscored the importance of careful financial management as they prepare for the upcoming fiscal year. The next steps include finalizing the budget and addressing the challenges posed by the structural deficit and specific fund imbalances. The board aims to ensure that the district remains financially sound while continuing to meet the educational needs of its students.