Budget Information and Updates

2024 - 2025 Preliminary Budget Documents
July 10, 2024: The Marysville School District submitted the 2024 - 2025 preliminary F195 Budget (expenditures and revenues) to OSPI and the NW ESD 189 (ESD) today to meet the required annual reporting requirements to the ESD and the required binding conditions requirements of both OSPI and the ESD.

It is important to note that the documents submitted are preliminary and subject to change between now and the final submission of the budget in August. For example, an area that will change between now and the final submission is the F195 line item for certificated FTE staffing. The information below provides additional details in this area:

The Marysville School District’s submission of the preliminary budget (F195) report includes information on full-time equivalent (FTE) staffing for certificated and classified employees. At first glance of the F195, it looks like the Marysville School District added FTE in the 24-25 school year instead of reducing, as indicated in the Comprehensive Financial Plan (CPF). This is not the case. The district’s actual certificated FTE reductions resulted in 34 fewer certificated staff FTE for the 2024 - 2025 school year, roughly a $2.7M savings.

The difference in FTE between the F-195 and the Comprehensive Financial Plan (CFP) is due to a couple of factors:

  • The F195 is a comprehensive report that includes staffing levels for many classifications of employees, up to and including non-represented employees, exempt employees, classified administrators, and categorical instructional staff. The CFP does not focus on these employees and reflects only basic education and special education certificated and classified employees.

  • Another reason the F195 reflects more FTEs than the Marysville School District actually has is that some certificated FTEs were over-reported in supplemental contracts such as Time, Responsibility, and Incentive (TRI) and enrichment, which would not typically have FTEs attached to them. This will be corrected in the Marysville School District’s final F195, which will be submitted in August.

Linked below are the reports submitted to OSPI and the ESD and the preliminary F195 budget documents for the 2025 - 2025 school year. These documents, with the exception of the F195F, are included in the submission to OSPI and the NW ESD.

The budget documents will be reviewed and adjusted on an ongoing basis until the final submission in August. The State's Oversight Team will begin their work in the district as early as next week or as soon as they have had an opportunity to review the documents submitted.

Several questions have come in about the F195. In this document, What is the F195?, the document is explained. There is also a link to the State of Washington's Accounting Manual for public school districts for additional resources.

Quick Links

Purpose + Background

The Marysville School District's full intent is to provide a thorough and transparent process of the current budget situation to communicate with staff, families, and the community.

The Marysville School District:

  • Has been good stewards of funds allocated to the district by the state and provided by local taxpayer dollars; has experienced flat enrollment for the past four years and anticipates a decline in enrollment;

  • Failed two consecutive levy measures in February and April 2022, which resulted in the loss of levy revenue for the 2023 - 2024 calendar year;

  • Will lose revenue from the Elementary and Secondary School Emergency Relief (ESSER) funds as they are non-recurring federal funds that expire in August 2023.

Binding Conditions: Current State of the Budget

On August 7, 2023, the Marysville School District Board of Directors adopted a resolution for the district to enter into binding conditions with the State. Binding conditions occur when a district must adopt a deficit budget meaning that its expenditures exceed its revenues. The proposed budget, later adopted on August 28, 2023, was done so with a $17.5M deficit due to the information listed above. The State approved the binding conditions on August 18, 2023. Since that time, the Superintendent and District leaders have been meeting regularly with representatives from the Office of Superintendent of Public Instruction (OSPI) and the Northwest Educational Service District (ESD) to hold discussions about the binding conditions.

Since the adoption of the budget, the district has taken steps to reduce the deficit amount. As of February 2024, the district estimated the revised total deficit amount to be approximately $3.2M, reduced from the previous month ($5.9M) and far from the adopted budget in August, showing a deficit amount of $17.5M.

Budget Updates

Budget Committee Information

Meeting Date


January 22, 2024


February 26, 2024


April 11, 2024


May 13, 2024


June 25, 2024


Budget FAQ Video Series

Why is the 22-23 ending fund balance $9.8 million when the starting fund balance for 23-24 is $1.4 million?

What are the $5.9 million savings that were identified? Is this extra money?

Do revenues increase with expenditures?

"Budget Bytes" Video Series

Do you have a question for a future Budget Bytes episode? Send it to: budgetbytes@msd25.org

Link to a folder with all presentations HERE

What are binding conditions?

MSD 2023-2024 Budget

Why isn't a school district run like a business?

Is Marysville top-heavy with central office administrators?