June 18, 2026 at 5:00 PM - Regular School Board Meeting

Description:  Green Cards
U.S. Army - Michael J. Stanton, Jr. SSG
 

Description:  916 - Chair Rebelein
 

Description: 

Each year the school district has the right to update and certify the school district’s population.  This figure enables the district to obtain increased funding for those programs that have revenue based on overall school district population.

The Director of Community Education meets with the school district census staff to update the new school district’s population.  This figure is presented to the School Board for approval and is sent to the State Demographer for use in future revenue calculations.
 

Description:  School Board to review and discuss
 

Description: 

The original 2025-26 budget was created and approved in June 2025 for FY26.  As the audit came to a close for FY25 and implementation of the 2024 legislative session was finalized, the Administration worked to incorporate those changes into the budget.  Each month the revenue and expenditure budgets are reviewed by the Finance Committee.  The expended budget is compared to the prior year’s budget for trend analysis.  The proposed budget adjustments result from the Fall work by administration and the reviews of those revenue and expenditure patterns by the finance committee.

The general fund revenue increased by $2,946,899 and expenditures will increase by $3,441,899.  The revised budget for the general fund reflects a deficit spending of $500,000 which is an improvement from the projection of $1,000,000 caused by projects/equipment not being completed in FY25 and pushed to the FY26 budget.  The food service revenue decreased by $176,522 and expenditures increased by $397,512 due to equipment purchases.  The construction account reflects higher interest earnings and lower construction costs due to timing of projects.  There are no changes for Community Ed, Debt Service or OPEB Debt Service.
 

Description: 

The MN Legislature established the Long-Term Facilities Maintenance (LTFM) Revenue Program for school districts.  This program replaces the old Health and Safety Revenue, Deferred Maintenance Revenue and Alternative Facilities Bonding and Levy programs, beginning in FY 2017.

LTFM revenue is used for capital expenditures and maintenance projects necessary to prevent further erosion of facilities, facility accessibility, and health and safety projects.

As a member of Northeast Metro 916 Intermediate School District, Forest Lake Area Schools is responsible for a portion of the revenue in their LTFM Plan.  The school board of Northeast Metro 916 has approved the LTFM budget for the 2027-28 school year and notified districts of their portion.  Forest Lake Area Schools will levy in the amount of $38,271.
 

Description: 

The budget has been developed in accordance with assumptions and parameters recommended by the District Finance Committee and the School Board.   

The Finance Committee has been involved with the 2026-2027 Budget process throughout this school year.  It is expected that the budget will be revised in the Spring 2027 for any enrollment or legislative adjustments and spending trends.