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Bentonville board closes fiscal year with $82.9M fund balance; approves budget and surplus of five buses
Summary
The Bentonville School District approved its fiscal-year close and budget July 15, reporting a $82.9 million total fund balance and authorizing the surplus sale of five school buses.
The Bentonville School District Board of Education on July 15 approved its fiscal-year 2024-25 close and budget, accepting a reported total fund balance of $82,900,000 and authorizing the surplus sale of five school buses.
Dr. Schwannhauser, presenting the finance report, said the district had “closed period 12 or 100% of our fiscal year” and reported that “all fund balance right now is at 82,900,000.0. That's about 2,000,000 higher than the prior year.” He told the board that operating…
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