Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Dysart Unified board approves FY24–25 annual financial report; hears update on voter-approved override
Summary
The Dysart Unified School District governing board approved the district's annual financial report for fiscal year 2024–25 and received the required annual update on the 2020 maintenance-and-operations override, which would begin to phase down if not renewed.
The Dysart Unified School District governing board on Thursday approved the district's Annual Financial Report for fiscal year 2024–25 and heard the statutory annual expenditure update on the voter-approved maintenance-and-operations (M&O) override.
The approval of the AFR meets the district's statutory deadline and starts state-level review of the district's finances, while the override update outlined how the voter-approved funding has been used and what would happen if voters do not continue the measure.
District finance staff presented the AFR and related reports, saying the maintenance-and-operations fund carried a $215.6 million budget for FY24–25 with roughly $195.1 million in expenditures and an ending fund balance of about $20.5 million. Finance staff told the board a…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
