Board hears year-to-date budget report as staff flag conservative revenue outlook

District staff told the Savannah R-III School District board that the district’s year-to-date revenue is about $2,900,000 and that year-to-date expenditures are nearly $13,000,000.

The staff report said the district’s combined balance in Connections Bank and investment accounts is approximately $16,000,006.77. The presenter said budget balances show the district is “doing well” year to date but noted the district had budgeted several million dollars in anticipated revenue that remains outstanding and that staff are taking a conservative approach to state revenue projections.

Staff discussed using conservative assumptions for state aid projections and noted the state senate had added funding that might improve receipts, but the presenter did not assume an increase when building the budget model. The presenter said some planned spending is not expected to be completed before July and that borrowed funds previously used for other repairs — described in the meeting as roughly $4.5 million — could address some upcoming facility work.

Board members asked about building capacity and accessibility seating: staff said adding another room would help reach the district’s seating promise and cited a facility capacity figure given in the meeting of about 803; with ADA seating added the usable number could be smaller, described in the meeting as adding roughly eight ADA seats.

No formal budget adoption occurred in the excerpt; the board discussed timing for budget work and set the June business meeting date to continue budget action and other items.

Budget figures reported in the meeting were read from staff presentation slides and the transcript contains a few unclear numeric phrases; the article uses only the clearly stated numbers from the meeting.