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Piedmont Community Charter Board approves preliminary 2025–26 budget after finance report shows April shortfall
Summary
Board approved the 2025–26 preliminary budget unanimously after the treasurer reported an April operating deficit largely caused by timing of a local payment; board members noted a roughly $600,000 reduction in planned allotments tied to state accounting changes and discussed revisiting long‑term plans this fall.
The Piedmont Community Charter School Board of Directors on May 20 unanimously approved the school’s preliminary 2025–26 budget after hearing the treasurer’s April financial report.
The treasurer reported month‑to‑date April revenues of $2,266,480.14 in state funds, $79,504.76 in local revenue and $138,279.88 in federal revenue; total revenue for the month was reported as $1,745,665.78 against expenses of $1,870,730.20, producing a monthly deficit of $125,064.42 that the treasurer attributed primarily to one local payment arriving…
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