County budget improves with $4.3M fund balance and reduced expenses

The Granville County Public Schools Board of Education held a work session on June 23, 2025, focusing on budgetary updates and operational efficiencies. A key highlight of the meeting was the announcement of an estimated fund balance of $4.3 million, representing 5.5% of operating funds. This figure marks a significant improvement from the previously projected 2.2% and is a positive step toward the district's goal of maintaining a healthy financial reserve.

During the session, officials discussed the impact of recent budgetary strategies, including zero-based budgeting, which has resulted in cumulative savings of approximately $1.7 million across various departments. This approach has allowed the district to absorb $524,000 in expenses that were initially expected to be covered by capital outlay funds, showcasing effective financial management.

Transportation issues were also addressed, particularly the challenges related to long bus routes and a shortage of drivers. While some delays in student transportation were noted, officials clarified that these were primarily due to the geographical layout of the county rather than solely a lack of drivers. The district is actively working to improve efficiency in this area.

The meeting concluded with a commitment to continue refining the budget for the upcoming fiscal year, with an emphasis on maintaining a balanced fund and avoiding further depletion of reserves. The board expressed pride in the district's financial progress, especially in contrast to other public school districts facing budgetary difficulties. The next steps include finalizing the audit process by October 31 and preparing for the upcoming budget resolution following the state budget approval.