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DeSoto County School Board reviews July 2025 financials showing higher fund balance despite atypical revenue timing
Summary
At its Sept. 18 meeting the DeSoto County School Board received July 2025 financial reports showing a $20,427,199 general fund revenue collection (noted as a 3% decrease from FY25 because of a one-time payment), general fund expenditures of roughly $9.0 million, and a combined general fund balance of $210,113,008.20.
The DeSoto County School Board on Sept. 18 reviewed July 2025 financial reports showing $20,427,199 in general fund revenue collections and a combined general fund balance of $210,113,008.20. The figures were presented during the finance report and approved by the board.
The district's presenter said the $20,427,199 figure represented a 3% decrease from FY25 collections driven by a…
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