In a pivotal meeting held on July 31, 2025, the Catoosa County Board of Education gathered to discuss significant updates regarding the district's budget and local tax digest. As the evening unfolded under the bright lights of the boardroom, Director Clark presented a detailed overview of the financial landscape, highlighting both challenges and opportunities for the upcoming fiscal year.

One of the most notable updates was the final local tax digest, which revealed a surprising increase in taxpayer exemptions during the appeal period. This shift, attributed to House Bill 90, allowed taxpayers to secure exemptions later than usual, resulting in a staggering $116 million in exemptions that outpaced new property growth of just over $46 million. This discrepancy led to a net decline in local funding, prompting a recalibration of the budget.

The proposed budget for fiscal year 2026 was laid out clearly, with the general fund covering essential day-to-day operations, including salaries, supplies, and utilities. Special revenue funds, designated for specific programs like federal Title I grants and school nutrition, were also discussed. A positive development was the confirmation of approximately $600,000 in federal grants that had previously been uncertain, providing a much-needed boost to the budget.

However, the meeting also addressed rising costs, particularly in health insurance for employees. The employer's portion of health insurance premiums increased significantly, reflecting broader trends in healthcare costs. This rise in expenses, coupled with a slight reduction in local funding, shifted the ratio of state to local funding to 64% and 36%, respectively.

As the meeting progressed, the board unanimously adopted the proposed millage rate of 14.346, which had been publicly advertised prior to the meeting. This decision was crucial for ensuring that the district could meet its financial obligations while continuing to support educational programs and staff.

In conclusion, the Catoosa County Board of Education's meeting underscored the complexities of managing a school district's budget amid fluctuating local tax revenues and rising costs. As the board moves forward, the implications of these financial decisions will resonate throughout the community, shaping the educational landscape for years to come.