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District presents FY25 certified financial reports; special education shows ~$2.47 million deficit
Summary
District staff reviewed the certified annual financial report and supplemental reports, noting general fund balances, SAVE funds, solvency ratio and a special education fund deficit of $2,467,926.
District staff presented the certified annual financial report for fiscal 2025, the special education supplement and the annual transportation report and asked the board to accept the documents into the public record.
A district presenter, Michelle, summarized audited figures. She said general fund revenue for fiscal 2025 was just over $49,000,000 and general fund expenditures were just over $48,480,000, leaving a…
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