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Woodstock CUSD 200 midyear financial review: revenues near 49% with transfers affecting expenditure percentages
Summary
District finance staff reported midyear (Q2) figures for fiscal 2024-25 showing total revenues roughly 49% of budget and lower-than-expected expenditure percentages driven by delayed interfund transfers tied to bond and solar payments; transportation categoricals and capital outlay timing also affected percentages.
District finance staff presented a second-quarter review for fiscal 2024-25, reporting total general-fund revenues at about 49% of the annual budget and total expenditures showing as 39.2% due to a large transfer that had not yet been recorded.
The presenter attributed the low expenditure percentage to a $1,000,000 transfer related to a bond payment tied to the district's solar project that had not been processed at the time of the Q2 report. "The percentage looks kinda crazy because it's 39.2%. That's really…
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