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District fund balance rises after grant reimbursements; enrollment remains below projections
Summary
Board packet and staff update said the district claimed multiple reimbursement grants, boosting the fund balance. Staff reported enrollment remains below projection by several dozen students, affecting revenue assumptions.
YELM, Wash. — Yelm Community Schools finance staff told the board on Jan. 23 that the district's fund balance rose after claiming reimbursement grants from September through December, but enrollment remains below the budget projection.
A district staff member responsible for financial reporting said, "you might notice that the fund balance did, go up rather than stay constant…
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