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Preliminary 2024-25 financial snapshot: Niskayuna maintains 4% fund balance, increases capital reserve
Summary
District finance staff presented a preliminary year-end analysis showing the district maintained a 4% unassigned fund balance, reduced certain encumbrances and increased capital reserves to about $8.25 million as of June 30, 2025; officials flagged carryover encumbrances and timing of building-aid payments.
District finance staff presented the Board of Education with a preliminary year-end financial analysis for the 2024-25 fiscal year showing generally strong budget performance, a maintained 4% unassigned fund balance and an increase in capital reserves.
The presenter said the operating difference between expenditures and revenue showed a negative $862,900 figure partly attributable to carryforward encumbrances from the…
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