Cambridge-Isanti logo featuring the initials CI and the slogan, "Every Student. Every Day."

A New School Year, A Continuing Budget Process

Cambridge-Isanti Schools

September 11, 2026

As students and staff begin the 2026-27 school year, the district's budget process continues behind the scenes.

School district budgeting is a year-round cycle. Each June, the School Board approves a preliminary budget for the upcoming school year based on the best information available at that time. Throughout the year, district leaders monitor enrollment, staffing, state funding, revenue and expenses and make adjustments as actual information becomes available.

In June, the Cambridge-Isanti School Board approved the preliminary budget for 2026-27. That budget provides the financial starting point for the school year now underway.

Where We Start in 2026-27

The preliminary General Fund budget includes:

  • Projected revenue: $81.8 million

  • Projected expenses: $81.6 million

  • Revenue increase from the previous year: about $636,000

  • Expense increase from the previous year: about $2.5 million

  • Fund balance: projected to remain stable

A balanced budget means the district expects enough revenue to cover its planned expenses.

Although the preliminary budget is balanced, costs continue to rise faster than new revenue. New state mandates, inflation, special education services, higher salaries and benefits are among the factors affecting expenses this year.

Chart showing district fund balance and general fund expenses increasing over time from FY2018 to FY2027.
What Is Fund Balance?

An important part of the district's financial picture is its fund balance.

Fund balance is money the district has available beyond its current-year expenses. Similar to a household savings account, it helps the district manage cash flow, respond to unexpected costs and protect programs from sudden budget reductions.

After several years of financial challenges and significant budget reductions, Cambridge-Isanti Schools has rebuilt its fund balance. It is projected to remain stable in 2026-27, giving the district greater flexibility to respond as needs and costs change.

"Our financial strength allows us to maintain educational programs, respond to unexpected challenges, and continue investing in our students' success," said Chris Kampa, Director of Finance and Operations.

Why the Budget Changes During the Year

A school district budget is not a one-time document.

When districts approve their annual budgets, some information is still estimated. Actual student enrollment, staffing, state funding and expenses become clearer as the school year progresses.

District leaders review revenue and spending throughout the year and update projections as needed. This regular review is part of the district's annual budgeting process and helps ensure decisions are based on the most current information available.

What Happens Next

Financial oversight continues throughout the school year.

District leaders, the Finance Committee and the School Board regularly review the district's financial position. Independent auditors also complete an annual review of district finances.

Later in the school year, the School Board will consider a revised 2026-27 budget that reflects updated enrollment, staffing, revenue and expense information.

“We have a responsibility to be thoughtful with every taxpayer dollar. That means reviewing our finances throughout the year and making decisions that support both our students and the district’s long-term needs,” said Heidi Sprandel, School Board Chair.

Understanding School Funding

Minnesota school districts receive funding primarily through state aid and local property taxes. Some funding must be used for specific programs or student needs.

The General Fund supports most day-to-day school operations, including teachers and staff, curriculum and classroom supplies, and student programs.

Because enrollment, state funding, student needs and costs can change, school budgeting is an ongoing process throughout the year.

Watch this video to learn more

Learn more:

  • Visit the Budget & Finance webpage to see how the District develops, reviews and monitors its budget throughout the year. 

  • You can also find the full 2026-2027 Preliminary Budget presentation and more on the district's Budget & Finance webpage.

  • Want the latest budget updates and school news as they happen? Download the Cambridge-Isanti Schools mobile app and make sure to turn on push notifications or follow our district’s social media pages.