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Board approves third FY2024‑25 budget revision; ADM down slightly, M&O rises about $962,000
Summary
The governing board approved a third revision to the district’s FY2024‑25 budget. The district said the revision was needed because state budget information arrived after the district filed earlier forms; the revision reflects an average daily membership (ADM) decrease of three students and increases in maintenance & operations funding.
The Yuma Elementary School District 1 governing board approved a third revision to the fiscal 2024‑25 budget at its May 13 meeting.
Why it matters: School districts must reconcile state funding updates and student counts. Staff told the board the third revision was necessary because state budget information arrived late and the district initially submitted earlier forms. Under Arizona reporting rules, May 15 is the last date for final revisions that may affect M&O (maintenance and operations) and certain capital limits.
What changed -…
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