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SMCPS financial report: 71% of revenues received, expenditures at 95.5% of budget; special education transfers flagged
2615557 · March 13, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.
Summary
At the March 12 meeting staff reported February year‑to‑date revenues at $209.3 million (71% of a $292.5 million budget) and expenditures and encumbrances of $279.5 million (95.5%). Staff noted transfers out for special education exceed the budget line as reported in the meeting.
District finance staff reported February year‑to‑date financials to the board on March 12, saying the district has received $209.3 million in revenues against a $292.5 million budget and has year‑to‑date expenditures and encumbrances totaling $279.5 million.
“Of the $292,500,000…
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