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Waynoka Public Schools reports stronger revenue, bond work finished and bathroom remodel under way
Summary
District staff told the Waynoka Public Schools Board of Education the district’s revenues are up about $1 million year over year, bond spending is complete and $485,000 of reserves are earmarked for a bathroom remodel as work continues on building punch list items.
The Waynoka Public Schools Board of Education heard a financial update from district staff reporting higher year‑to‑date revenues, completion of a recent bond program and ongoing building work including a bathroom remodel.
District staff said revenue collections are roughly even with the prior year but include a roughly $1 million settlement that increased total revenue. Staff said expenditures to date were about $220,000 lower than the previous year and that, “probably around $400,000 when it’s all said and done,” overall spending will still be lower than the prior year. The district reported the general fund ending balance is “around about 8.3, 8.4,” and staff characterized that figure as a growth tied to the settlement.
The district reported building‑fund expenses were higher than the previous year, driven by bond‑related costs. Staff said bond disbursements tied to the recent bond program have been completed and signed off by the district and the fire marshal. Remaining work includes punch‑list items such as gym floor boxing and bathroom finishes. Staff said bathrooms have been gutted and plumbers were on site, and that progress was expected to continue.
Staff also said district reserves have increased, noting that reserves are about double previous levels and that $485,000 of those reserves has been earmarked for a bathroom remodel. Staff told the board the building fund was projected to finish around $3,000,000 (per the presentation) after accounting for bond and building expenses. Child nutrition and daycare year‑end expense figures were not yet finalized and were not included in the report.
Board members did not take formal action on the financial presentation; the update was delivered as an informational report. Staff said all bond expenditures for the project had been dispersed and signed off, with only minor touch‑ups remaining.
The board is expected to receive continued updates as the remaining work is completed and as child nutrition and daycare accounts are closed out for the fiscal period.
