Multiple US School Districts Approve 2025-26 Budgets Amid Large Deficits, Reserve Use

Several school districts across the U.S. and Canada have approved their budgets for the 2025-26 school year amid varying financial challenges. The Lansing School District approved a $263 million budget that relies heavily on grants and savings, despite uncertainty in state funding and differing legislative proposals. The Tamalpais Union High School District faces ongoing deficits due to declining property tax revenues and projects the need for significant cutbacks over the next few years. Ysleta Independent School District in Texas approved a $420.2 million budget with a projected $22 million deficit, implementing selective staff raises while maintaining a small financial reserve. The Roaring Fork School District in Colorado approved a $210 million budget, planning to draw $5 million from reserves while projecting a strong fund balance. Ontario North East's District School Board approved a $162.9 million budget, expecting increased enrollment and allocating funds toward capital improvements.