Oasis Charter Schools budget increase proposed
The budget for the city of Cape Coral’s municipal school system is looking at an increase for next school year.
The 2027 proposed Oasis Charter Schools budget has an 11.75% increase over the prior year board members were told Tuesday.
The proposed enrollment forecast is 3,453 students, which is a decrease from the 2026 third quarter enrollment of 3,473.
Management Budget Administrator Nicole Reitler said the Fiscal Year ’27 working budget is $42,377,324, an 11.75% increase over the 2026 budget of $37,919,940.
The budget is split per school — Oasis Elementary South at $10,957,271; Oasis Elementary North at $10,162,279; Oasis Middle School at $9,839,795 and Oasis High School at $11,417,979.
Reitler said their revenues are budgeted at 99% per financial policy and the Florida Education Finance Program (FEFP) projections will increase by 2% per school on average over the prior year. She said the Public Education Capital Outlay (PECO) and Local Capital Improvement (LCI) is at 80% funded.
Other revenue sources include capital outlay surtax and grants that are not budgeted, as well as a teacher salary allocation, before and aftercare at Oasis Elementary North, Oasis Elementary South and Oasis Middle and reduced projections in food services.
The proposed budget includes 11 added staffing positions – one bus driver, guidance/tech counselor, food service worker and clinic assistant at Oasis Elementary North; speech pathologist, and clinic assistant at Oasis Elementary South; three teachers, paraprofessional and clinic assistant at Oasis Middle School; and an athletic trainer, teacher and clinic assistant at Oasis High School.
Personnel, which makes up 62.16% of the overall budget, will include a 1% base pay increase.
The operating budget, 27.69% of the budget, includes new textbooks at $461,260, accounting and auditing at $667,200, food and beverage at $909,511, computer software and license at $797,775, computer equipment and accessories at $624,063, fleet charges at $637,756 and electric at $687,733.
The capital outlay includes the purchases of one bus replacement at $156,000, software and copier equipment at $75,000 and IT hardware at $62,400.
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