Fulton board warned of health-care cost pressure and federal funding uncertainty during budget review

At a Fulton City School District Board of Education meeting, Kate (district finance staff) told trustees that rising employee health‑care costs and uncertainty about federal funding create a plausible risk of a year‑end budget shortfall even though one‑month figures look healthy.

"So that's where we stand with our revenue at this point in the year. We've received about 50% of what we expect," Kate said during the board's monthly operations and finance report, adding that roughly "31" of revenue to date had come from state aid and that federal Medicaid receipts were beginning to arrive after delays.

The presentation framed the concern this way: standard monthly snapshots showed an apparent available balance of roughly $11.2 million, but Kate said that known future spending obligations — noninstructional salaries, BOCES charges, scheduled debt service and a transfer to the special aid fund…