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CFO reports preliminary FY25 close: $4.6M general fund balance; consolidated budget ~$99.3M
Summary
Chief Financial Officer Matthias Greenwood presented preliminary fiscal‑year‑end numbers showing a $4.6 million general‑fund balance and a consolidated budget of about $99.3 million with $14.7 million unspent; board members asked for details on consultant spending and plans to monitor casino revenue.
Petersburg City Public Schools Chief Financial Officer Matthias Greenwood presented a preliminary year‑end financial update to the school board on July 16, reporting a general‑fund balance of approximately $4.6 million and a consolidated fiscal‑year‑25 budget of about $99.3 million with roughly $14.7 million remaining before final encumbrance reconciliation.
Greenwood told the board the fiscal‑year‑25 revenue budget included $15.76 million in expected city transfers (including nutrition and CIP support), and…
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