Marshall Public Schools Quarterly Budget Update Shows Reduced Deficit Spending

Superintendent Caleb Petet reports revenue and expenses tracking better than initial budget projections.

Published on Feb. 11, 2026

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At the latest Marshall Public Schools Board of Education meeting, Superintendent Caleb Petet provided an update on the district's quarterly budget figures. The report shows the district has received $14,544,090.13 in revenue so far this school year, which is just under 43% of the total budgeted revenue. Expenses currently sit at $17,114,128.96, or 51.4% of the total budgeted expenses. Petet noted the district's efforts to keep expenses manageable have helped reduce the planned deficit spending for the year.

Why it matters

School district budgets are closely watched by the community, as they impact funding for educational programs, teacher salaries, and facility improvements. The fact that Marshall Public Schools is tracking better than its initial budget projections suggests the district is being fiscally responsible and may be able to avoid dipping too heavily into its reserves.

The details

In addition to the budget update, the board also approved a memorandum of understanding to establish a chapter of the Jobs for America's Graduates (JAG) program at Marshall. The board also approved the substitute teacher list and a contract to cover 80% of the cost for updated technology infrastructure including servers, switches, and access points.

  • The quarterly budget update was provided at the Tuesday, February 10, 2026 Board of Education meeting.

The players

Caleb Petet

The superintendent of Marshall Public Schools, who presented the quarterly budget update to the Board of Education.

Marshall Public Schools Board of Education

The governing body of the Marshall, Missouri school district that oversees the district's budget and operations.

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What they’re saying

“The district's efforts to keep expenses manageable has helped to reduce their planned deficit spend for the year.”

— Caleb Petet, Superintendent (KMMO News)

What’s next

The Marshall Public Schools Board of Education will continue to monitor the district's budget throughout the remainder of the school year.

The takeaway

Marshall Public Schools appears to be in a strong financial position, with revenue and expenses tracking better than initially projected. This suggests the district is being fiscally responsible and may be able to avoid significant draws on its reserves, which is positive news for the community.