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Centennial SD reports FY25 revenue ahead year to date; board hears budget pressures from staffing and special education
Summary
District finance staff reported year‑to‑date general revenues of $127 million through April — $3.6 million ahead of last year — while general fund expenses of roughly $110.8 million and special-education and staffing costs continue to pressure the FY25 budget; the board was briefed on timing for the final proposed budget and next meetings.
Centennial SD finance staff reported that the district’s FY25 general revenues totaled $127 million through April, about $3.6 million more than the same period a year earlier, driven largely by real-estate taxes and higher-than-expected earned income tax (EIT) collections.
Finance staff said the gains on the federal side were largely the result of ESSER grant closeouts, and they cautioned that some state and federal revenue lines — including a final adjustment to title funds — were lower than anticipated. The district’s general fund expenditures through April were reported at about $110,845,000, with year‑to‑date increases driven by professional services (notably special‑education placements), labor and benefits.
Staff said Keystone,…
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