District reports revenue ahead of projections; operating under continuation budget while county closes books

Robertson County Schools staff presented the district’s expenditure comparison for May (fiscal year May 2024–May 2025) and told trustees revenues at that point exceeded projections. The report showed revenues of about $126.1 million and expenditures of about $120.3 million; property tax receipts and sales tax collections were reported above projected levels for the period in the packet. Administrators reported specific categories of recent spending and annual totals, citing roughly $2.2 million on electricity and hundreds of thousands on diesel and gasoline. The district said it is operating on a continuation budget from the prior year while county finance prepares final figures; county finance is scheduled to close books next week. Staff said a rescheduled county budget committee meeting was set for the following day and the district had received few questions from the committee about the upcoming school year budget. Trustees asked whether the board would need to request additional funds; staff replied that anticipated use of fund balance would address gaps if needed. Why it matters: The fiscal presentation gives trustees a snapshot of revenues, major expenses and the district’s budget posture ahead of the new school year. Operating on a continuation budget limits changes until final budget adoption by county officials. Details: The packet included line items for salaries and benefits (tens of millions), utilities, fuel and other operating costs and noted that revenue sources included property tax and sales tax collections. Staff emphasized that final fund balances will be available after county finance closes the books.