204855 NOTICE OF ANNUAL SCHOOL BUDGET HEARING Notice is hereby given that in accordance with Sections 33-801 and 33-402 Idaho Code, a public hearing on the 2026-2027 proposed budget AND the Amended 2025-2026 budget will be held on June 8, 2026 during the regular meeting of the Board of Directors of Independent School District No. 1, Nez Perce County, Lewiston, Idaho scheduled for 6:00 p.m. in the Board Room of the Central Services Building, 3317 12th Street in Lewiston. A copy of the proposed budget is available for public inspection at the Central Services Building between the hours of 7:00 a.m. and 4:00 p.m. from the date of this notice until the date of the hearing. PROPOSED BUDGET FOR 2026-2027 and AMENDED BUDGET FOR 2025-2026 INDEPENDENT SCHOOL DISTRICT NO. 1, NEZ PERCE COUNTY, IDAHO Original Amended Proposed Tax Year 2025-2026 2025-2026 2026-2027 Estimated Market Valuation of School District $ 5,500,000,000 $ 5,500,000,000 $ 5,850,000,000 SCHOOL DISTRICT TAXES: Supplemental Levy $ 26,403,134 $ 26,022,060 $ 28,997,160 Tort Levy (offset by Property Tax Replacement funding) Judgement Refunds (Code 63-1305) $ 227,475 $ 227,475 $ - TOTAL LEVY $ 26,630,609 $ 26,249,535 $ 28,997,160 Original Amended Proposed ACTUAL ACTUAL ACTUAL BUDGET BUDGET BUDGET GENERAL FUND 2022-2023 2023-2024 2024-2025 2025-2026 2025-2026 2026-2027 ESTIMATED BEGINNING BALANCE $ 5,967,105 $ 7,715,303 $ 10,280,382 $ 7,854,563 $ 9,571,403 $ 7,508,454 REVENUE Total Taxes 23,658,232 23,256,641 23,772,973 26,630,609 26,249,535 28,997,160 Other Local 994,219 1,417,284 1,311,036 712,340 830,240 612,340 State Support 32,068,766 37,620,962 35,522,540 35,979,359 38,354,586 38,641,918 Other Revenues and Transfers 5,880 39,578 - - 3,200 - TOTAL REVENUE $ 56,727,097 $ 62,334,465 $ 60,606,549 63,322,308 65,437,561 68,251,418 TOTAL REVENUE & BEGINNING BALANCE 71,176,871 75,008,964 75,759,872 UNAPPROPRIATED FUND BALANCE (4,485,254) (5,108,454) (5,209,127) APPROPRIATED TOTAL $ 66,691,617 $ 69,900,510 $ 70,550,745 EXPENDITURES Total Instructional Salaries and Benefits $ 28,296,155 $ 30,170,777 $33,254,109 34,601,709 $ 34,823,924 37,192,794 Total Instructional Other 2,059,450 2,925,693 2,190,120 2,167,363 2,036,435 2,078,323 Instructional Support Salaries and Benefits 13,843,167 15,422,153 16,810,406 17,103,319 17,470,199 18,150,129 Instructional Support Other 6,904,069 6,426,271 4,989,343 6,354,226 7,794,252 6,644,499 Transfers 3,876,058 4,366,151 4,071,550 4,065,000 5,375,700 4,085,000 TOTAL EXPENDITURES 54,978,899 59,311,045 61,315,528 64,291,617 67,500,510 68,150,745 Contingency 2,400,000 2,400,000 2,400,000 TOTAL EXPENDITURES AND CONTINGENCY $ 54,978,899 $ 59,311,045 $61,315,528 $ 66,691,617 $ 69,900,510 $ 70,550,745 ALL OTHER FUNDS REVENUE: Beginning Balance $ 16,007,858 $ 21,434,983 $21,663,553 $ 37,652,878 $ 35,204,370 $ 22,370,530 Local 2,794,978 3,434,460 6,155,781 3,505,182 3,008,982 2,997,808 State 1,690,763 1,766,666 21,385,379 3,351,310 2,263,010 197,840 Federal 7,058,044 7,513,492 4,474,696 4,349,548 4,485,039 4,558,804 Taxes - Bond and Interest 5,300,335 5,618,787 5,602,237 3,800,000 3,980,000 3,601,000 Transfers In 3,876,058 4,366,151 4,071,550 7,065,000 8,375,700 4,085,000 TOTAL BEGINNING BALANCE & REVENUE $ 36,728,036 $ 44,134,539 $63,353,196 $ 59,723,918 $ 57,317,101 $ 37,810,982 UNAPPROPRIATED FUND BALANCE (21,446,638) (22,370,530) (14,008,362) APPROPRIATED TOTAL $ 38,277,280 $ 34,946,571 $ 23,802,620 EXPENDITURES Salaries and Benefits $ 7,019,408 $ 7,502,546 $ 4,959,644 $ 4,713,929 $ 3,686,306 $ 3,900,332 Other Expenditures 3,885,569 4,116,226 4,145,727 5,350,911 5,250,725 3,360,825 Debt Service - Principal and Interest 4,011,598 3,997,928 3,993,723 4,005,200 4,005,200 4,000,950 Capital Outlay in Capital Projects Funds 370,598 6,814,708 15,049,732 21,207,240 19,001,140 12,540,513 Transfers Out 5,880 39,578 - 3,000,000 3,003,200 - TOTAL EXPENDITURES $ 15,293,053 $ 22,470,986 $28,148,826 $ 38,277,280 $ 34,946,571 $ 23,802,620