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Dysart board adopts final revised FY 2024-25 budget, directs one‑time state funds to capital
Summary
After a public hearing, the Dysart Governing Board approved a final revised FY 2024‑25 expenditure budget that reallocates one‑time state supplements and Proposition funds to capital projects and recognizes state funding for the Marley Park Central plant project.
The Dysart Governing Board on Monday approved the district's final revised expenditure budget for fiscal year 2024‑25 after a public hearing and staff presentation.
The revision incorporates a modest increase in average daily membership that raised the capital budget by about $122,000, reallocates roughly $750,000 in Proposition 1, 2, 3 funds from maintenance and operations into capital, and places one‑time supplemental state funds of about $1.3 million into capital rather than into ongoing operating budgets. "We know that these are not guaranteed ongoing funds by the state," said Ms. Faidell, who presented the revised budget to the board, "so we wanted to be sure we didn't embed them into ongoing operational costs."
Board members were also told the district's unrestricted capital fund limit increased by about $2.2 million after the reallocations. In addition, the district reported a $1.6 million increase in the Emergency Building Renewal Grant program, attributable to the Marley Park Central plant project that the School Facilities Board has approved and recently funded, allowing the district to move forward with related purchase orders.
Other changes noted in the revision included small adjustments to federal and state grant carryforwards reflected in special projects, a minor correction in the food service fund to reflect current nutrition program activity, and routine programmatic updates in regular education, special education and transportation.
District staff reminded the public that the full budget packet, audit reports and the annual comprehensive financial report are available on the district budget website. The motion to approve the revised expenditure budget passed on a roll call vote; the meeting record shows the motion carried and the board recorded affirmative votes during the roll call.
The board was told the district must submit final budget revisions to the state by May 15; staff said the revised figures now align with that requirement and reflect the board's earlier actions recognizing the Marley Park project.
