Robertson County schools approve two balanced budget amendments; finance report shows revenues above projections

The Robertson County Board of Education on March 10 approved two balanced amendments to the 2024–25 General Purpose School Fund and reviewed an expense-comparison report that showed revenue ahead of projections.

The board approved a motion to transfer $79,524 from operating accounts to capital outlay to support HVAC work; Mr. White moved the transfer and Ms. White seconded. The motion passed 6-0. The board also approved a separate balanced amendment reallocating $30,525 in contributions, gifts and tuition to appropriate line items and cleaning up line-item over/under balances; that motion also passed 6-0.

During the finance update, staff reported year-to-date revenues of roughly $80.5 million, representing about 57% of the budget, and expenditures of about $75.9 million (reported as roughly 52% of the budget for the period). Staff said those figures reflect property tax collections (about $12 million, or 63% of the relevant budget line) and sales tax receipts (about $10 million, or 60% of that line).

Board members thanked finance staff and county finance partners for monitoring revenues and expenditures. Staff cautioned that the reported $4.5 million better-than-projection number does not equate to a $4.5 million net fund-balance improvement because some of that amount had been budgeted as a deficit.

The board also reviewed the budget-adoption schedule the district coordinates with the county mayor and county finance offices; staff said the district is scheduled to present a final approved budget to the county budget committee on June 10. Board members discussed timing for board review in May in advance of county presentations.

Both budget-amendment motions passed on 6-0 voice votes.