204780 NOTICE OF BUDGET HEARING TROY SCHOOL DISTRICT NO. 287 LATAH COUNTY, IDAHO NOTICE IS HEREBY GIVEN that the Board of Trustees of Troy School District No. 287, Latah County, Idaho, will hold its June 8, 2026 meeting at 6:00 p.m. at the Troy High School Library, located at 101 Trojan Drive, a Public Hearing on the AMENDED FY 25-26 maintenance and operation budget, which will include Food Service rates to increase a minimum of 5%, and a Public Hearing on the FY26-27 maintenance and operation budget which will include an increase in Food Service rates over 5%.. A copy of the proposed budget as determined by the Board of Trustees is available for public inspection at the Troy School District Office located at 101 Trojan Drive, Troy, Idaho between the hours of 8:00 a.m. and 3:00 p.m. from the date of this notice until the date of the hearing. SUMMARY STATEMENT 2026 - 2027 SCHOOL BUDGET ALL FUNDS School District: Troy School District 287 GENERAL M & O FUND ALL OTHER FUNDS Prior Year Prior Year Prior Year Proposed Prior Year Prior Year Prior Year Proposed Actual Budget Amended Budget Budget Actual Budget Amended Budget Budget REVENUES 2024-2025 2025-2026 2025-2026 2026-2027 2024-2025 2025-2026 2025-2026 2026-2027 Beginning Balances $1,256,980 $1,121,385 $1,091,192 $1,000,000 $904,288 $2,375,665 $2,436,696 $2,459,067 Local Tax Revenue 818,866 852,468 729,735 741,432 Other Local 78,241 73,000 68,000 52,000 354,973 149,736 177,278 161,332 County Revenue State Revenue 3,527,599 3,575,853 3,710,474 3,642,580 152,974 137,853 197,383 147,307 Federal Revenue 305,492 309,738 337,290 Other Sources - 346,774 352,612 325,315 Totals $5,681,686.00 $5622,706.00 $5,599,401.00 $5,436,012.00 $1,717,727.00 $3,319,766.00 $3,501,259.00 $3,420,214.00 Prior Year Prior Year Prior Year Proposed Prior Year Prior Year Prior Year Proposed Actual Budget Amended Budget Budget Actual Budget Amended Budget Budget EXPENDITURES 2024-2025 2025-2026 2025-2026 2026-2027 2024-2025 2025-2026 2025-2026 2026-2027 Salaries $2,487,190 $2,730,198 $2,691,320 $2,809,512 $225,561 $192,773 $206,808 $213,415 Benefits 984,819 1,145,971 1,153,123 1,349,855 130,007 107,372 114,129 119,250 Purchased Services 516,604 732,892 644,434 591,585 116,907 729,233 782,501 854,474 Supplies & Materials 233,478 386,125 296,937 242,892 459,900 263,994 479,888 327,550 Capital Outlay 51,500 36,000 214,871 419,579 266,443 48,280 Debt Retirement 4,752 8,438 Insurance & Judgments 55,901 63,529 67,291 68,853 Transfers (net) 307,750 328,774 352,612 325,315 292,750 85,748 1,651,490 - Contingency Reserve 50,000 50,000 50,000 - Unappropriated Balances 1,091,192.00 133,717.00 307,684.00 0.00 269,293.00 1,521,067.00 0.00 1,857,245.00 Totals $5,681,686.00 $5,622,706.00 $5,599,401.00 $5,436,012.00 $1,717,727.00 $3,319,766.00 $3,501,259.00 $3,420,214.00 A copy of the School District Budget is available for public inspection at the District's Administrative or Clerk's Office.