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Board approves amended fiscal 2024–25 budget and appropriations; district reports improved fund balance projection
Summary
The board voted to adopt the district’s amended fiscal year 2024–25 budget and all‑fund appropriation, incorporating updated enrollment counts, state program funding, bond issuances and a $342 million first debt issuance for capital projects; board approved the appropriation by roll call.
The St. Vrain Valley School District No. Re1J Board of Education on Jan. 22 voted to adopt the district’s amended fiscal year 2024–25 budget and all‑fund appropriation, a document the administration said incorporates updated enrollment, state funding adjustments, bond proceeds and one‑time items.
Justin Petrone, the district’s Executive Director of Budget and Finance, presented the amendment and said the revised plan reduces the projected general‑fund spend down to about $18.1 million (from an earlier estimate of $20.7 million)…
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