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Board approves May disbursements totaling $18.35 million; payroll drives monthly total
Summary
District finance staff reported May disbursements of $18,354,432.36, including payroll of $13,146,455.11, and the board approved the expenditures as presented.
At the meeting the Ferguson‑Florissant R‑II Board of Education approved monthly disbursements for May after receiving a finance report detailing payroll and operating expenditures.
The district's presenter reported May payroll of $13,146,455.11 and operational accounts payable of $5,207,977.25, for total monthly disbursements of $18,354,432.36. The presenter noted May included three payrolls, which raised the month's totals above typical months.
Year‑to‑date figures presented to the board showed total revenues received as of May 31 of $150,241,000 against an amended budget of $156,568,777 (about 96% of budgeted revenues received). Year‑to‑date expenditures across all funds were $144,810,446 against an amended budget of $167,963,718 (about 86% spent), leaving approximately $23 million of budgeted spending to occur in June.
Board members moved to approve the disbursements as presented; the motion passed with the board voting in favor on voice vote. The finance presenter invited trustees to ask questions; none altered the motion or asked for additional action beyond approval and continued monthly oversight.
The board received additional object‑level summaries (salaries, benefits, purchased services, supplies, and capital outlay) showing year‑to‑date percentages (salaries about 87%, benefits about 88%, capital outlay about 95% of budgeted amounts). The presenter said long‑ and short‑term debt totals and tax receipt schedules will be included in ongoing reporting.
