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Show Low board approves FY25 annual financial report; projects $5.5 million carryforward
Summary
At its October regular meeting the Show Low Unified School District Governing Board approved the FY2025 Annual Financial Report and school-level AFR, projecting a $5.5 million maintenance-and-operations carryforward and noting potential minor audit adjustments.
The Show Low Unified School District Governing Board approved the district's FY2025 Annual Financial Report (AFR) and school-level AFR during its October regular meeting, meeting a state deadline and establishing the district's projected budget capacity heading into FY2026.
District finance staff presented the AFR package, which Ms. Davis said is due to the state by Oct. 15 and includes maintenance and operations (M&O), capital, grants and school-level breakdowns. "So this is the time of year that we do the annual…
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