Rochester City School District reports strong financial position at July 31

The Rochester City School District reported a solid financial position as of July 31, 2025, with significant improvements in cash flow and revenue stability. The unaudited financial reports presented during the Board Business Meeting highlighted a cash balance of $383.9 million, a notable increase of nearly $82 million compared to the same time last year, when the balance was approximately $302 million.

In July, the district received about $10.5 million in receipts and transfers while disbursing $34.7 million. This positive cash flow is attributed to slightly higher receipts and significantly lower distributions, indicating effective financial management as the new fiscal year commenced on July 1.

The revenue summary showed that projections for the general fund and school food service fund remained unchanged from the adopted budget, while the special aid fund saw an increase of approximately $309,000 due to a new teacher center grant award. Overall, revenue projections are stable and closely aligned with expectations.

The appropriations report revealed that 94% of the general fund appropriations, 86% of special aid funds, and 64% of school food service funds remain available, reflecting the early stages of spending for the fiscal year. The report also included budget adjustments made during the month, demonstrating ongoing refinement of the budget as the year progresses.

Additionally, charter school enrollment figures remained consistent with the previous year, and the student activity funds annual report provided transparency into the management of student-run accounts across the district.

In summary, the financial report indicates that the Rochester City School District is entering the fiscal year on a strong footing, with improved cash flow and stable revenue projections, setting a positive tone for the upcoming months.