Gilbert Public Schools saw revenue decline $7.5 million while expenses rose $3.2 million during fiscal 2026, reflecting the financial pressures of declining enrollment and rising operating costs.
The district's annual financial report, presented to its governing board on Oct. 13, showed state and local revenue for maintenance and operations and unrestricted capital falling from $300.2 million to $292.7 million, a 2.5% decrease.
Expenditures in those categories increased from $295.6 million to $298.8 million, approximately 1.1%.
