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Finance committee adopts variable-budget authority, receives 2025–26 proposed budgets and sets July 8 public hearing; sales tax collections rise noted
Summary
The Terrebonne Parish School Board finance committee recommended variable-budget authority for fiscal year 2024–25, received proposed operating budgets for fiscal year 2025–26 and set a public hearing for July 8, 2025, at 5 p.m. Committee members discussed ending fund balances and a 5.46 increase in April sales tax collections.
The Terrebonne Parish School Board finance committee recommended that the board adopt variable budgets for the 2024–25 fiscal year, received proposed operating budgets for fiscal year 2025–26 and established a public hearing for Tuesday, July 8, 2025, at 5 p.m. in the boardroom of the Terrebonne Parish School Board office, 201 Stadium Drive, Houma.
Finance staff explained that the variable-budget designation allows the district to set estimated revenues equal to actual revenues when late grant awards arrive or when grants permit carryover into the next fiscal year. "This is just normal procedure for this…
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