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Camdenton board hears budget preview, projects small surplus and plans transfers for early childhood facility
Summary
Finance staff presented a fiscal-year-end estimate and asked trustees to grant authority to amend the actual budget; staff projected a modest surplus, outlined expected revenue sources and federal grant declines, and described transfer plans to support the Dogwood early childhood facility.
Finance staff for the Camdenton R-III School District presented a year-end budget preview and asked the board to grant authority for administrative adjustments to the district’s final actuals once fiscal-year bookkeeping is complete.
The district reported year-to-date receipts of roughly $67 million and year-to-date expenditures of about $54.6 million; after encumbrances and conservative estimates, staff projected next year’s revenues at about $64.9 million and expenditures near $64.6 million, producing an estimated surplus of $292,944. Finance staff cautioned trustees that the surplus is modest relative to a roughly $64 million budget and that unanticipated costs — such as recent maintenance incidents — could quickly reduce that margin.
Administrators…
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