2026 Budget Updates

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2026-27 Adopted Budget

Adopted by the Corvallis School Board of Directors June 18, 2026.

At the June 18, 2026 Regular Business Meeting, the School Board voted to adopted the budget for 2026-27, in the aggregate amount of $192,745,302  for all funds. Additionally, the Board approved the permanent rate of $4.4614 per $1,000 of assessed value be levied for operating purposes, that a local option tax rate of $1.5000 per $1,000 of assessed value be levied in support of the General Fund, and that a tax amount of $17,564,965  be levied for the service of bonded debt obligations.

At the May 14, 2026 Budget Committee Meeting, the Committee received the Budget Message from Superintendent Noss and received a presentation of the 2026/27 budget by the Budget Officer and Finance Director, Lauren Wolfe.

After deliberation, the Committee voted to approve the budget for 2026-27, in the aggregate amount of $192,745,302  for all funds. Additionally, the committee approved the permanent rate of $4.4614 per $1,000 of assessed value be levied for operating purposes, that a local option tax rate of $1.5000 per $1,000 of assessed value be levied in support of the General Fund, and that a tax amount of $17,564,965  be levied for the service of bonded debt obligations.

The April 23, 2026, Budget Committee Orientation for the Corvallis School District focused on aligning committee members with the district’s strategic fiscal goals and legal responsibilities for the 2026-27 cycleKey takeaways included a commitment to student-centered budgeting and educational equity, ensuring resources are allocated based on data and outcomes rather than past spending patternsThe committee was briefed on a projected 3.2% decline in enrollment and rising costs for PERS, staff contracts, and insurance premiums.

At the January 15th School Board Meeting, the 2026 Long Range Planning Report was shared with the Board and community. This newly implemented mid-year report was developed to help inform our community and prepare us for the upcoming budget cycle. Long-range financial planning is a standard practice within CSD. This report has been prepared with the objective of enhancing transparency regarding the District’s financial status and budgeting processes. It is essential to recognize that the long-range financial projections for the district are subject to continuous change, and the information presented should be interpreted with this understanding.

The budget committee consists of seven members appointed by the Board plus the seven elected Board members. The appointive committee members are appointed for three-year terms.

2026 Citizen Committee Members

Carla L Ho’ā – June 30, 2027

Cassandra Inman – June 30, 2028

Chris Blacker – June 30, 2028

Jessie Munster – June 30, 2026

Kevin Riley – June 30, 2027

Seth Purcell- June 30, 2026

VACANT – District Equity Committee Member – June 30, 2028

In accordance with OAR 581-022-2307, the District is seeking at least one member of the District Diversity Equity and Inclusion (DEDI) Committee to serve on the Budget Committee. Representation of DEDI on the budget committee helps align the district’s equity lens with financial processes, increasing understanding of fiscal priorities and strengthening underrepresented voices. This ensures budgets reflect equity, offering greater accountability to students, families, and communities. 

The District has not received any applications from members of the DEDI Committee, therefore, one vacancy on the budget committee remains open. Interested candidates are encouraged to apply on the district website. This position will remain open until filled. 

Details about current School Board Members can be found here.

Documents related to the 2025-26 budget Cycle:

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