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Southeast Tech ends fiscal year $1.7 million positive; fund balance near $11 million
5896035 · October 1, 2025
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Summary
Interim finance staff reported a $1.7 million surplus for the fiscal year, citing higher-than-budgeted tuition revenue and timely state reimbursements; combined fund balance reported at about $11 million.
Interim finance staff reported to the board that Southeast Technical College closed the most recent fiscal year approximately $1.7 million in the black and holds about $11 million in combined fund balances.
The interim presenter said the college recorded roughly $37.4 million in revenue against $35.7 million in expenses, surprising officials…
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