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April report: district expenditures exceeded revenues pending property‑tax receipts
Summary
District finance staff reported combined April revenues of $1,595,681 and expenditures of $1,753,905 for the education and operations funds, a deficit of $155,244; the presentation noted property‑tax revenue had not yet been received and district staff will provide a full analysis in June.
A district finance update presented at the board meeting said combined education and operations revenue for April totaled $1,595,681 and combined expenditures were $1,753,905, for a shortfall of $155,244.
Presenters told the board that property‑tax revenue for the period had not been received and that staff are analyzing year‑to‑date expenditures across both funds. A comprehensive analysis will be presented to the board at the June meeting.
Why it matters: the monthly report gives the board an interim view of cash flow and spending while the district awaits major revenue items such as property taxes. Staff emphasized the April report is interim and further review will accompany the June financial presentation.
Board action: no separate motion beyond the standard consent/finance agenda was recorded for this oral update; staff flagged that a full report will be shared in June.
