District presents fiscal year 2025 budget amendment, summarizes fund adjustments

Finance staff presented a fiscal-year 2025 budget resolution that will amend the district’s current fiscal-year budget for July 1, 2024, through June 30, 2025, and explained the categories and types of adjustments.

Fiona Perry presented the amendment and walked trustees through the format showing the original approved budget, debits and credits and the as-amended final numbers. Perry said, “So it's for 07/01/2024 through 06/30/2025,” and explained that the general fund contains salaries, benefits and fixed costs while special revenue adjustments largely reflect grant changes. She also said food service and Head Start are included in the document.

Perry told trustees the district uses historical costs, projections and judgment to estimate budgets and that end-of-year adjustments are common. She said the prelim budget for fiscal year 2026 will be modified and brought back for final approval at the July board meeting. Trustees did not record a formal vote to adopt the FY25 amendments during the public hearing portion recorded in the transcript; the presentation was followed by questions and later by closing the public hearing and reconvening the meeting.

The presentation identified four major sections: general fund (operations and staffing), special revenue (grants listed individually), enterprise funds (food service) and Head Start. Perry invited trustees to ask questions and said more detailed, line-item adjustments were available on the board materials.