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Finance report: district general fund at about $29.2 million after transfers, capital projects near $3.2 million
Summary
A finance staff member told the Cape Girardeau Board of Education on April 28 that the district’s general fund stood at about $29.2 million after recent transfers and that capital projects funds are near $3.2 million.
At the April 28 meeting the Cape Girardeau Board of Education received a monthly finance update reporting the district’s cash positions and recent transfers.
A finance staff member reported a beginning general fund balance for March 1, 2025 of $30,900,000 and monthly revenue of roughly $1,600,000. The district made transfers to special revenue accounts totaling $1,900,000 to pay teachers and an additional transfer of $1,400,000, which reduced the general fund balance to about $29,200,000, the presenter said.
The presenter reported the capital projects fund balance at roughly $3,200,000 and an overall monthly ending cash balance of about $37,600,000. Staff said capital projects work is proceeding and referenced the district’s 10‑year plan for smaller projects.
No formal board action was required on the numbers presented; staff answered board questions and noted upcoming items, including the transportation contract that will be bid next year because the current Robinson contract enters its final year.
