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Forsyth County Schools finance director reviews May 2025 statements; staff adds new graphs for board
Summary
Finance director Larry Hammel presented May 2025 financial statements, showed new visual graphs, and said the district’s collections and expenses are generally tracking near budget; staff noted cash, investments and capital project balances and explained seasonal cash flows tied to tax collections.
Larry Hammel, the district’s finance presenter, reviewed the May 2025 financial statements and introduced new graphical displays intended to make cash‑flow and budget comparisons clearer for board members and the public.
Hammel said the district began May with roughly $236 million in cash equivalents and presented month‑by‑month cash and fund‑balance trends that generally decline in summer months before property tax receipts arrive in the fall. He said the district is tracking revenue collections at…
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