Superintendent and finance staff describe fund balance, levy timing and plan to restore services next year

Superintendent Lewis and the district’s finance staff reported to the Moses Lake School District Board of Directors on Oct. 2 about the district’s August financial position, levy timing and steps toward restoring elementary programming.

Ruby, the district staff member presenting the financial report, said the August figures shown to the board are preliminary and do not include year-end accruals. She said the district’s current ending fund balance estimate for 2024–25 is about $19,000,000 and that the figure will change when year-end journal entries and grant claims are processed. “This is August,” Ruby said, explaining that FTE reporting and other year-end adjustments will be brought to a later meeting.

Superintendent Lewis reviewed why the district maintains a fund balance and how levy timing affects…