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School finance director reports August 2025 month‑end: revenues lag, encumbrances drive high expenditure ratio
Summary
The school division’s finance staff presented the 08/31/2025 month‑end financials, reporting $9,294,832.33 in receipts year‑to‑date (7.8% of budget) and total expenditures including encumbrances at 81.38%; several small budget lines showed ratios over 100% driven by encumbrances and timing.
Finance staff presented the Lynchburg City Schools month‑end financial report for Aug. 31, 2025. The presenter said year‑to‑date receipts totaled $9,294,832.33, or about 7.8 percent of original appropriations, and that total expenditures including encumbrances were 81.38 percent of appropriation.
The report noted timing and encumbrance effects that pushed several small lines above 100 percent. Staff said function 1320 (media/library services salaries) was…
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