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Stillwater board approves 2024–25 budget revision; finance director projects modest fund-balance increase
Summary
After a detailed presentation, the board approved a multi-fund budget revision that adjusts revenue and expenditures for the 2024–25 fiscal year and projects a small increase in unassigned fund balance.
The Stillwater Area Public Schools board approved a budget revision for fiscal year 2024–25 after a presentation by the district finance director that updated revenues, expenditures and projected fund balances across general, food service and community service funds.
Why it matters: The revision adjusts revenue upward across several restricted funds and updates projections for carryover and grant activity; staff said the district’s projected unassigned general-fund balance would increase slightly under the revised assumptions.
What the board heard: Finance director Marie (last name not specified in transcript)…
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