Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Lansing Public School District board approves Budget Amendment No. 1, projects $48.3 million June fund balance
Summary
The Lansing Public School District Board of Education approved Budget Amendment No. 1 after a presentation from district staff showing a $1.5 million net revenue increase and a projected June 2025 fund balance of about $48.3 million. The board voted 8-0 to adopt the amendment.
The Lansing Public School District Board of Education on Dec. 2024 approved Budget Amendment No. 1, a revision to the district’s fiscal 2024–25 budget that raises the district’s projected general fund balance for June 2025 to roughly $48.3 million.
District staff presented the amendment during the board’s regular meeting. The presentation said the audited fund balance increased by $7.4 million above the adopted June projection of $40.1 million. After recognizing additional revenue and expenditure changes — including $1.5 million in net increased revenues and $776,000 in additional expenditures — staff reported a conservative projected fund balance of about $48.3 million for June 2025.
The amendment summary identified sources and uses behind the change. Revenues grew in several categories,…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
