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Hillsboro R-III board adopts FY25 budget amendment, adjusts capital and debt service planning
Summary
The board approved a February FY25 budget amendment reflecting updated revenues and expenditures, transfers to capital funds, and changes tied to assessed valuation and interest earnings.
The Hillsboro R-III School District Board of Education approved a revision to the FY25 budget that adjusts revenue and expenditure projections, updates fund allocations and earmarks capital transfers.
District presenters said the general fund revenue projection increased by about $1.7 million after incorporating year-to-date actuals and updated estimates from the Missouri Department of Elementary and Secondary Education (DESE) and local tax collections. The district…
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