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Edmond Public Schools reports $62.1 million general-fund balance, sets 24.07-mill sinking-fund request
Summary
The Edmond Public Schools board reviewed end-of-year FY25 finances showing a $62.1 million general-fund balance, approved the FY25 financial statement and the 2025–26 estimate of needs that sets the district's sinking-fund millage at 24.07 mills.
The Edmond Public Schools Board of Education reviewed the district's fiscal year 2024–25 financial results and voted to approve the district's financial statement for FY25 and the estimate of needs for 2025–26, including a sinking-fund millage request of 24.07 mills.
District finance staff reported that the general fund ended FY25 with an ending fund balance of about $62,100,001.15, representing roughly 26.89% of general-fund revenue. Revenues exceeded budget by about $2.9 million; the presenter attributed the increase to higher local ad valorem…
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