The Kirkwood School District Board of Education convened on September 22, 2025, to discuss the district's financial status and operational updates. The meeting focused on the operating revenues and expenditures for August, alongside projections for the upcoming months.

The district reported operating revenues for August at approximately $1.54 million, with local revenues totaling $938,978. It was noted that local tax revenues are expected to be received in December and January, which should improve the financial outlook as those payments catch up. The board acknowledged a minor amount of delinquent taxes received during the month.

In terms of state funding, the district received $604,612, with $347,000 derived from the basic formula. The state adequacy target is projected to reach $71.45 by the end of the year. However, the Classroom Trust payment was reported to be $32,000 lower than the previous month, attributed to fluctuations in Average Daily Attendance (ADA) and revenue variations.

The board also discussed transportation payments, which are based on last year's mileage, indicating that adjustments will be reflected in future payments. Notably, there were no federal revenues reported for August.

Expenditures for the month were just over $5 million, representing 9% of the budgeted expenses for the year. The board included additional information regarding self-funded insurance, highlighting cash flow trends and the balance of the fund, which stood at just over $1.2 million. Claims for the month exceeded premiums, prompting discussions about next year's premiums in upcoming meetings.

Overall, the board noted that the district's operating fund balance is expected to gradually decrease until tax payments are received later in the year. The meeting concluded with no extraordinary issues reported, and the board plans to continue monitoring financial health closely as the year progresses.