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Board approves consent agenda; August financial report shows typical early‑year deficit and $41.6M fund balance
Summary
The board approved the consent agenda (items 1–8). The district presented the August 2025 financial report: year‑to‑date revenue at 27% of budget, expenditures at about 10% of budget, an August deficit offset by fund balance of about $41.6 million; capital and special revenue highlights were reviewed.
City Schools of Decatur’s Board of Education on Oct. 14 approved the meeting consent agenda, which included routine monthly reports and the August 2025 financial statements.
Chief Financial Officer Dr. Lamita Broom summarized the August financials: the district had collected approximately 27% of its budgeted…
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