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Board approves preliminary FY25‑26 annual fiscal report; district reports 67% of dollars in classrooms
Summary
Osborn preliminary Annual Financial Report shows about 67 percent of every dollar spent on direct classroom instruction; the governing board approved the AFR and staff provided bond and capital override updates, including a remaining balance on the prior $50 million bond and a recent $30 million issuance from the new $100 million program.
The Osborn Elementary District governing board approved the district’s preliminary FY25‑26 Annual Financial Report after a staff presentation that highlighted classroom spending, fund balances and capital activity.
Staff reported that roughly 67 percent of district expenditures are directed to classroom instruction and supports, a figure that matched the previous year’s preliminary calculation. Administrative spending was reported at about 10.3 percent and…
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