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CSFO reports district on track: expenditures about 81% spent at July 31; utilities and debt highlighted
Summary
Chief School Financial Officer J. Duke told the board the district is running two percentage points under expected expenditures for the fiscal year to date (81% vs 83%), with sales tax up slightly and utilities and debt-service costs notable line items.
Chief School Financial Officer J. Duke presented the district’s financial dashboard and monthly reports for the period through July 31, 2025.
Duke said the district is 10 months into the fiscal year (about 83% through the year) and reported that general-fund expenditures were at approximately 81.12% of budget, meaning the district had spent roughly 2 percentage points less than a straight-line projection. He noted that on a roughly $150 million general fund this two-point underrun amounts to an order of magnitude of about $2 million in underspending…
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