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Finance director presents April 2025 report: general fund on pace, food service faces summer-driven deficit, debt service surplus could enable debt retirement
Summary
The district reported year-to-date general fund revenue of $56.3 million and expenditures of $48.7 million, is building its 2025–26 budget amid legislative uncertainty, flagged an expected food-service deficit driven by summer months, and noted a growing debt-service surplus that could allow early debt retirement or restructuring.
At the South San Antonio ISD board meeting Finance Director Tony Kingman presented the district’s April 2025 monthly financial report and outlined next steps for the 2025–26 budget amid an ongoing state legislative session.
Kingman reported year-to-date general fund revenue of $56.3 million and year-to-date expenditures of $48.7 million, leaving the district on pace with a projected year-end general fund spending level of about $80 million (excluding tax notes and other nonrecurring items). He told trustees that April receipts were unusually low…
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