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District staff present FY25 year‑end budget totals, note bond proceeds affected revenue timing
Summary
An administrator presented FY25 year‑end numbers that include bond expenses and noted auditors will review whether budgeted fund balances were exceeded. Staff said FY24 bond proceeds temporarily increased revenue before FY25 expenditures outpaced revenue.
District administration presented final figures for fiscal year 2025 and explained how prior bond proceeds affected revenue timing. The presentation was described as a closeout exercise to ensure auditors have accurate information on the district's fund balances and budget amendments.
A staff member said the year‑end budget amendment includes bond expenses and that…
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