Sand Springs board approves second revised 2024-25 budget after staff presentation

The Sand Springs Board of Education approved the district’s second revised budget for the 2024–25 school year following a multi-part presentation by district finance staff.

Finance staff described general-fund revenue remaining relatively stable, stronger-than-expected interest earnings, and fluid federal reimbursement items that depend on year-end claims. The presentation noted a total general-fund revenue projection in the mid-$50 millions and an expenditure authority bottom line listed at roughly $48.5 million (staff said actual spending is expected to be closer to $47 million). Board members praised the finance team for timely closeout of purchase orders and asked questions about program-specific funds such as child nutrition and building funds.

The board heard that state “redbud” funding has been a significant help to the building fund and that the Methodist Church property purchase has been completed and wired. Staff discussed child-nutrition program accounting changes tied to federal CEP rules and the possibility of federal adjustments that may affect next year’s reimbursements.

Board members then voted to approve the second revised budget. Mullins, Hamlin, Naugle, Wagers and Wagnon voted in favor. No roll-call “no” votes or abstentions were recorded.

Staff said the second revised budget provides the district the authority it needs to operate through the remainder of the fiscal year and gives the business office flexibility to manage encumbrances and year-end claims.