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Goshen treasurer reports $32 million year‑to‑date revenue, board approves financials
Summary
Treasurer Todd told the board the district has received $32 million in fiscal‑year revenue to date, has spent $27 million and is trending with a fund balance above budget. The board approved financial reports and several vendor agreements, and trustees discussed state budget changes that could reduce future state aid.
Treasurer Todd reported to the Goshen Board of Education on April 7 that the district’s fiscal‑year revenues are $32 million to date and year‑to‑date expenditures are roughly $27 million.
“we started off this year with 15,000,000 and fiscal year to date, we're at $32,000,000,” Todd said, summarizing general‑fund activity and noting the district has received 83% of budgeted revenue and spent about 72% of budgeted expenditures through March. Todd said the district is averaging about $3 million in monthly expenditures and that a recent county auditor advance may have temporarily inflated cash receipts; he said the county will correct the advance in the fall.
The board approved a consent package covering financial items 1 through 8, including annual memoranda of understanding with Goshen Township for two school resource officers (the district covers roughly 60% of their salaries and benefits) and renewal of third‑party workers’ compensation administration contracts. Board member Melissa moved the motion and board member Corey seconded; subsequent roll call showed the trustees voting to approve the financial items.
Board members and administrators also discussed recent activity at the state level: Todd and other trustees said House Bill 54 (the state transportation budget) and proposed changes in the Fair School Funding Act could reduce state aid to many districts. Todd said the district is meeting with local legislators to present Goshen’s budget story and advocacy priorities before the state budget is finalized.
Why it matters: the report shows the district is collecting expected revenue tied to property reappraisals and the homestead rollbacks, and the board’s vote approves the district’s current financial receipts, contracts and price agreements. Trustees identified potential downside risk from state funding changes and directed ongoing legislative outreach.
What’s next: the treasurer will return to the board with any county auditor corrections and with continuing updates on state budget actions. The board scheduled routine follow‑up and approved the financial package at the April meeting.
