Winton Woods board approves final 2024–25 appropriations, temporary 2025–26 budget and accepts investment report

The Winton Woods City School Board approved final appropriations for fiscal year 2024–25, adopted temporary appropriations for 2025–26 and accepted the district's May investment report at a regular meeting.

Board Treasurer Mister Seymour told the board that month-to-date general fund revenues were about $4,400,000, including state foundation payments, homestead and rollback receipts and approximately $480,000 in Medicaid reimbursement. He said year-to-date expenditures were about $56,100,000 and that the district was running roughly 3.8% under budget on about $31,000,000 of planned expenditures. "You have had the reports and, on before you," Seymour said while summarizing the materials for the board.

Seymour also reported about $29,000,000 in total investments for May, producing roughly $102,000 in total interest, with $87,452 credited to the general fund and $14,674 to the building fund. The board voted to approve the investment report as presented.

The board approved a resolution to amend final appropriations for fiscal 2024–25 to align certain state and federal project accounts with the timing of outside grant and program fiscal years; Seymour said an amended certificate of estimated resources would be filed with the Hamilton County Auditor to reflect those changes. The board also approved a temporary appropriations resolution for 2025–26 to give the treasurer authority to process payroll, pay bills, and cover purchase orders and utilities until a final appropriations measure is adopted in September.

All votes on these items were recorded as unanimous. Following the treasurer's presentations, a board member thanked Seymour for keeping the board informed during a period of policy and funding uncertainty.

The actions will allow the district to continue normal financial operations while staff finalize revenues and a final budget for 2025–26.