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School board approves $1.46 million General Purpose Fund budget amendment; revenues running ahead of expenditures
Summary
The Robertson County School Board unanimously approved a $1,457,072 amendment to the 2024–25 General Purpose School Fund. Staff reported revenues through March 31 and an operating surplus of about $12.5 million; property-tax collections are nearly fully collected.
The Robertson County School Board voted 6-0 on May 12 to approve a $1,457,072 amendment to the 2024–25 General Purpose School Fund budget to record additional revenues and allocate them to expense line items.
Staff told the board the amendment reflects additional revenues received through various grants and other line items, including federal and state program dollars and lunch and breakfast funds. The amendment is balanced: $1,457,072 in added revenues is matched by the same amount in added expenses.
District financials through March 31 showed revenues of about $110,600,000 and expenditures of about $98,100,000, leaving an operating excess of roughly $12,500,000 to bolster the fund balance. Staff also reported property-tax receipts at nearly 100% of budget ($18,700,000) and sales tax collections at about 80% of budget ($13,800,000). The report compared these figures to the same period last year.
Board members asked no substantive questions before the vote. The amendment passed unanimously.
