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Marshalltown board approves $16.39 million amendment to 2024-25 certified budget
Summary
The Marshalltown Community School District board approved a certified budget amendment for fiscal year 2024-25 totaling $16,385,000, citing timing of capital projects, bus deliveries and higher food-service costs; the amendment did not raise the district's tax rate.
The Marshalltown Community School District Board of Education on Monday approved a certified budget amendment for the 2024-25 fiscal year totaling $16,385,000, the board's secretary said, and officials said the change reallocates spending among functions without increasing the district's tax rate.
The amendment was presented by Randy Denham, the district's board secretary, who told the board the bulk of the change reflected timing differences: furnishing costs tied to the CTE (Career and Technical Education) project, the early arrival of several new buses, safety-grant and technology project expenditures, and higher food-service supply costs driven by tariffs and inflation.
"A lot of these things we didn't have a full grasp of when we built the budget a year ago," Denham said. "This is a formal step to adjust the books for audit purposes and to show how we've realigned expenditures for the current year. There is no increase to the tax rate."
The amendment shifts appropriations across the board'instruction, support services, noninstructional services and other expenditures'to reflect where expenditures actually occurred. Denham said the largest instructional increase related to furnishings for the CTE project that were invoiced earlier than anticipated. Support-service changes included multiple bus deliveries that arrived in the fiscal year earlier than expected. Noninstructional increases were driven mainly by food-service supply costs.
Board members moved and approved the amendment by voice vote; the board record shows the motion carried unanimously.
Why it matters: School budget amendments of this size reflect capital projects and operational pressures that can affect program timing and year-end balances; the board and administration characterized this amendment as an accounting and timing adjustment rather than a new tax or a change in policy.
The board's approval sends the revised figures into the district's official records ahead of year-end audits and supports continued spending on CTE furnishing, transportation and other district projects through the close of the fiscal year.
