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Lewis Central finance report: nutrition fund returned to positive and projects modest market adjustments
Summary
District finance staff reported the nutrition fund turned positive at the end of FY24 and projected a roughly $50,000 gain this year; board discussion clarified permissible uses and carryover limits for the fund.
Lewis Central Community School District finance staff reported June 2 that the district’s nutrition fund — which the presenter described as a self-contained enterprise fund — ended fiscal 2024 in the black for the first time in recent history and is projected to net about $50,000 in the coming year.
Why it matters: the nutrition fund pays for school meals and staff tied directly to meal service; state and federal rules limit how the fund may be used and how much may be carried forward year to year.
At the finance report, a staff member identified as Andrea told the board, "the…
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