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Board adopts fiscal‑year 2025 augmented budget after financial adjustments; vote unanimous
Summary
The Churchill County School District board approved Resolution 25‑01, the FY2025 augmented budget, after staff explained revenue and expenditure changes across funds including an increase in beginning fund balance and adjustments tied to federal grants, per‑pupil funding and transfers to special education.
The Churchill County School District Board of Trustees voted unanimously to adopt Resolution 25‑01, the district’s fiscal‑year 2025 augmented budget. Christie Fieldman, the district comptroller, presented detail on revenue and expenditure adjustments before the board took the recorded motion.
Why it matters: the augmented budget revises the district’s financial plan for the year and adjusts revenue and spending assumptions across multiple funds — changes that affect hiring flexibilities, transfers to special education and the district’s contingency.
Highlights from the comptroller’s presentation: - Beginning fund balance increased by about $3,000,000 when fiscal year 2023–24 closed out, driven by vacancy savings and…
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