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Perryton ISD finance director reports lower revenue, reduced fund balance and food‑service shortfall
Summary
The district's finance report showed general fund spending below budget but revenue shortfalls from lower average daily attendance and reduced federal reimbursements; fund balance ended at about 4.76 months and food service requires supplementation.
Perryton ISD's finance director presented the district's most recent financial summary, saying general fund spending was about $1.7 million under budget but revenues fell short, leaving an estimated 4.76 months of fund balance.
The director said several factors reduced revenue: average daily attendance (ADA) was about 100 students below budget, which she estimated reduced revenue by roughly $600,000; federal funding available this year had decreased; and a shortfall in charge funding was…
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