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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 lower‑than‑projected spending. - Indirect cost revenue tied to federal grants was reduced after staff removed several federal grant line items that were previously overstated (a reduction that lowered indirect‑cost revenues to the general fund by about $101,000). - Per‑pupil funding (PCFP) revenue was adjusted downward to reflect a recent two‑year enrollment decline, lowering projected PCFP receipts by roughly $950,000. - The general fund net change was an increase of approximately $1,530,000 after all adjustments. - Instructional salaries in some lines were reduced (about $91,000) to account for positions that remain vacant and were budgeted at a half‑year rate; student‑transportation entries that produced duplicated revenues and expenses were corrected and removed. - Transfers from the general fund to special education (to cover expenditures not reimbursed by federal/state SPED revenue) increased by about $253,000; that figure could change if additional grant funding is identified for SPED costs. - The ending general‑fund balance after adjustments was reported at about 7.93 percent.
Comptroller Fieldman also reported line‑by‑line adjustments in business services, operations and maintenance (where vandalism, a grounds hire and hazmat chemical disposal affected costs), food service, capital projects and other funds. She told the board she would convene school site office managers to address student‑activity funds that are not being spent in the year they are collected.
Board questions addressed the transportation invoicing correction, staffing vacancies and the district’s plans to reduce vandalism and increase monitoring; Fieldman and Superintendent Parsons described steps already taken (email workflows for compliance, evaluating camera/fiber deployment for athletic complexes) and said staff would return with further detail if requested.
The motion to approve Resolution 25‑01 was moved and seconded on the record and passed unanimously.
Ending: Trustees approved the augmented budget and asked staff to follow up with more detailed breakdowns on student activity spend‑down, vandalism costs and vacancy counts in preparation for the upcoming budget cycle.
