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District reports $193.9 million in cash and investments; operating funds at $46.6 million
Summary
At the July 21 meeting, District 186’s business office reported June 2025 revenues and expenditures and a combined cash and investment balance of $193.9 million, with operating funds totaling $46.6 million. Preliminary spending rate for FY25 is projected near 96%.
SPRINGFIELD, Ill. — The Springfield Public Schools District 186 business office presented its June 2025 monthly report on July 21, reporting the district’s cash, investments, revenue and expenditure figures and preliminary fiscal-year spending projections.
The business report showed Education Fund (Ed Fund) revenues of $38,600,000 and Ed Fund expenditures of $14,600,000 for June, with revenues exceeding expenditures by $24,000,000. The Operations & Maintenance Fund reported $5,900,000 in revenues and $1,400,000 in expenditures.
As of June 30, the district reported a combined cash balance of…
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