DeSoto County School Board approves FY 2025–26 budget, accepts April financial reports

The DeSoto County School District Board of Education voted to approve the fiscal year 2025–26 budget as presented at the June 5 budget hearing and accepted several April 2025 financial reports, trustees said at a recess meeting.

Board staff presented the budget and financial summaries during the meeting. “Werequest an approval or request for to approve the FY 2526 budget as presented at the June 5 budget hearing,” said Mister Williams, staff member, during his presentation. The board moved, seconded and approved the budget without recorded opposition.

The board also accepted the district's April financial statements. Mister Williams reported general fund revenues through April of $328,492,042 and general fund expenditures through April of $254,115,430, describing the revenue figure as running about 5% higher than FY 2024 and expenditures about 6% higher than FY 2024. The board approved the statement of revenues and expenditures, the combined balance sheet for April 2025, the statement of cash flow for April 2025 and certification of bank reconciliations for April 2025 during the same session.

On the combined balance sheet, Mister Williams said the fund balance figure was up versus FY 2024; he reported a fund-balance figure verbally during the meeting. For cash, he reported an April cash balance of $243,042,290 for the district.

Discussion: board members asked for and received routine recommendations from staff before each vote; motions were made and seconded and passed by voice vote. The meeting record shows no roll-call tallies naming individual board members for these financial approvals.

The board did not detail next-step changes to the budget in public session at this meeting. Any subsequent amendments or implementation dates were not specified in the public remarks recorded.