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Treasurer: open enrollment still provides revenue; several federal grant adjustments approved
Summary
The district treasurer reported revenue up 3.9% (driven by returned advances and timing), temporary appropriations to align three federal grants, and preliminary open‑enrollment figures showing continued net revenue benefit to the district.
At the Aug. 20 meeting the district treasurer reported higher year‑to‑date revenue driven mainly by returned advances and timing differences, discussed temporary appropriations for federal grants and provided preliminary figures on open enrollment.
The treasurer said overall revenue is up 3.9% but called that “primarily driven by return of advances,” and said other increases reflected timing differences and higher interest income. “Overall, they increased by 15%. Salads were, down a bit, but that's just a timing issue. Fringe benefits, that was the largest impact on an increase,” the treasurer said when describing expenditure changes.
On grant and budget adjustments, the treasurer asked the board to approve temporary appropriation measure adjustments for three funds, all federal grants, and explained two requests (5.16 and 5.90 in her wording) were timing corrections because cash requests arrived late. She also said a Perkins (5.24 in the packet naming) balance was slightly lower than expected and required an adjustment based on actual receipts.
The treasurer provided preliminary open‑enrollment numbers and a rough revenue estimate that she said should remain a net benefit to district finances. She said last year’s open‑enrollment income was about $1.1 million and that without open enrollment the district would need roughly an additional 1.6 mills of levy to replace that revenue. The initial estimate for the coming year was presented as about $1.18 million (tentative, and described by the treasurer as subject to change because some students are funded at half rates).
Other items: the treasurer asked the board to approve creation of a junior‑high athletics fundraising account (to keep fundraising on the district books), and to transfer proceeds from a junior‑high wrestling tournament to the Barton scholarship fund because the transfer had not been made last year. The treasurer also reported the district has paid 89 teachers for a science‑of‑reading coursework stipend (about $82,000 plus benefits), with a small state reimbursement expected in the second foundation payment.
Why it matters: the report lays out short‑term budget adjustments and a reminder that open enrollment continues to affect operational revenue and levy calculations. The board approved the recommended appropriation adjustments and account transfers as consent agenda items.
