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Unassigned fund balance falls to 4.69%; DOE FEFP reconciliation still pending
Summary
District finance staff reported an unassigned fund balance of 4.69% as of January, noted pending FEFP calculations from the Florida Department of Education and highlighted recurring COPS debt service obligations.
Ms. Laxton presented the district’s monthly financial report for January 2025 to the Columbia County School Board, saying the district’s unassigned fund balance has declined to 4.69% and that the district is still awaiting final FEFP (Florida Education Finance Program) recalculations from the Florida Department of Education.
Laxton said the 4.69% unassigned balance compares with 5.37%…
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