Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
District projects multiyear deficit, warns of reserve strain and potential federal meal funding cuts
Summary
The district’s business office presented the 2024–25 second interim financial report showing projected multi-year deficit spending, a 3% reserve level and concern that proposed federal cuts to school meal funding could reduce revenue by about $2.6 million.
The San Antonio School District business department presented its 2024–25 second interim financial report at the March 13 board meeting, reporting projected general-fund revenue of about $82.8 million, expenditures of about $87.8 million and an overall reserve at the required 3% level.
Business staff told the board the multiyear projections show deficit spending of roughly $4.9 million across the forecast period and warned that without the board-approved $2 million budget-reduction plan the district’s budget would have been qualified. The presenter said LCFF remains the primary funding source; projected revenue declines include a loss of…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
