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January financial report shows small projected deficit; state rebate could reverse outlook; food service fund surplus discussed
Summary
The Darien Board of Education reviewed the district financial report through January on March 5 and heard that the district is forecasting a modest operating deficit that could reverse if the state approves additional excess‑cost reimbursement funds.
The Darien Board of Education reviewed the district financial report through January on March 5 and heard that the district is forecasting a modest operating deficit that could reverse if the state approves additional excess‑cost reimbursement funds.
Why it matters: The district faces a short‑term forecasted deficit tied to special‑education excess cost rates; a pending state appropriation could materially change the district’s FY25 projection.
Finance staff reported a projected general fund deficit of $47,698 through January. Business staff…
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