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Board approves budget amendment and adopts 2025–26 budget resolution; fund balance projected to fall
Summary
Wayne County school leaders approved budget amendment No. 2 for 2024–25 and adopted a budget resolution for 2025–26 that sets total appropriations at $205,350,411; district staff projected the fund balance could fall to about $10.2 million.
The Wayne County Board of Education approved budget amendment No. 2 for fiscal year 2024–25 and adopted a budget resolution for 2025–26 that sets total appropriations at $205,350,411.
Finance staff presented the amendment to state public school funds (+$256,801.08 to an amended total of $154,600,165.52), federal grant funds (+$126,844.95 to $40,791,283.37), local capital outlay funds (+$30,000 to…
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