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Board hears finance update as unspent authorized budget rises; approves special-education supplemental request
Summary
The district reported an increase in its unspent authorized budget from about $2.6 million to $3.6 million (near 8% of revenues) and discussed solvency targets; the board approved an allowable-growth special-education aid request of $865,192.86 and introduced a resolution to continue the instructional support levy.
Lewis Central officials told the board Sept. 22 that the district’s unspent authorized budget rose from about $2.6 million to $3.6 million for the fiscal year ending 2025, a ratio just under 8% of general-fund revenues. The district said the board’s target remains 10–15% to provide a three-month “rainy day” fund and that staff will continue to plan strategically before spending beyond that threshold.
The finance presentation said the district’s general fund balance was roughly $9 million versus about $42…
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