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Caddo officials outline budget, warn of dependence on restricted federal and state grants
Summary
Caddo Parish School Board staff reviewed special revenue, capital projects and debt service funds, noting reliance on federal grants, expiration of ESSER funds, and that many grants are restricted to specific uses.
Chief Financial Officer Jeffrey Howard presented an overview of the district’s special revenue, capital projects and debt service funds at the June 3 budget work session, emphasizing that many dollars are legally restricted and some recent federal pandemic funds have expired.
Howard said the district’s general fund is balanced for 2025–26 with revenues and expenditures “right at $426,000,000” and an anticipated fund balance of around $162,000,000. He reported special revenue funds with combined revenues and expenditures of a little more than $87,000,000 and an anticipated special‑revenue fund balance of about $11,100,000; those funds often reflect multi‑year grants and are budgeted…
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