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OKCPS CFO reports projected $23.6 million general fund balance; building and nutrition funds steady
Summary
CFO Sydney Ward presented the Period 7 financial update through January 2025: a projected general fund ending balance of about $23.6 million (about 6.5% of revenue), a $14.3 million projected building fund balance and an $11.2 million school nutrition fund balance. The building fund increase reflects timing of ESSER carryover for Star Spencer.
Chief Financial Officer Sydney Ward told the Oklahoma City Public Schools Board on April 7 that the district projects an ending general fund balance of about $23.6 million for the year, roughly 6.5 percent of total revenue, based on Period 7 (through January 2025) figures.
Why it matters: Fund balances indicate short-term fiscal health and compliance with state…
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