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Finance committee advances Budget Amendment 2 after updated revenue and expenditure adjustments
Summary
Committee approved forwarding Budget Amendment 2 to the full board after staff presented updated projections showing a roughly $4.3 million revenue increase and adjustments to expenditures and fund‑balance usage.
The finance committee voted to send Budget Amendment 2 to the full board after staff presented updated revenue and expenditure projections that narrowed the district’s projected use of fund balance for fiscal 2024‑25.
Miss Cribbs summarized the general‑fund changes and said total revenues in the amendment are projected to increase by about $4.3 million to roughly $264 million. She said the amendment reduces the district’s planned use of fund balance from amounts shown in earlier drafts…
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