Tecumseh Public Schools officials presented July financial statements Aug. 25 showing cash on hand of $3,748,389.92 and total accounts payable of $1,095,041.96 for the first month of fiscal year 2025–26. Business services staff told trustees the district received only limited new revenue in July and that the state aid payment normally due in October could be delayed if the state budget is not finalized by Sept. 30.
Kelly (last name in packet: Glenn) and other staff summarized line items: the district reported $6,017 in recognized revenue for July and routine summer payroll and vendor payments; payroll related disbursements amounted to roughly $839,000 for the month and an estimated net operating gap of $833,853 would reduce the projected ending fund balance to about $1.8 million for the period shown.
Board members and staff flagged the state budget as the principal uncertainty for the coming year. Staff said the district expects to retain its Title I and IDEA special‑education allocations for 2025–26 but that Title II (professional development, roughly $60,000) and Title IV (technology and student supports, roughly $20,000) could be reduced or delayed, a combined potential impact of about $80,000.
District staff also explained risk to state school‑meal funding. The federal community eligibility program (CEP) covers meals for students who qualify for free or reduced price lunch; the state supplements CEP by covering additional students so that all students received free meals in recent years. Staff said the state portion for these additional students represented roughly $488,000 last year; the district has an excess food balance of about $120,000, yielding a potential net exposure of about $336,000 if the state portion is cut.
Superintendent Matthew Hilton and business staff outlined cash‑flow options should state payments be delayed, noting cash‑flow loans can take roughly six weeks to arrange. They also reported other operational items: the Red Rover time‑tracking rollout into the district’s eFinance financial system experienced some login problems requiring limited manual entries; an employee phone app is planned to ease future logins.
Capital and maintenance work carried forward from the summer included purchases and projects treated as general fund spending of about $250,000, Chromebooks funded through E‑Rate (about $114,000), and three capital projects that together used approximately $354,000 of capital funds. An elevator repair originally planned with a $40,000 down payment will move forward immediately and is now estimated at about $100,000 for completion after unanticipated parts became available, staff said.
Staff also told trustees the district will divide certain capital fund accounts between financial institutions after a change in bank naming noted in the financials. The district said sinking fund receipts will begin this fall; a specific sinking fund project schedule will be shared online and in future meetings.
Board members asked questions about the district’s contingency planning and urged staff to keep parents and taxpayers informed about potential service or program impacts if state funding changes.