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Forsyth County Schools finance report: cash position lower than last year as capital spending continues
Summary
Chief financial staff reported Oct. 2025 financial statements showing a drop in cash equivalents since the month began, use of reserved fund balance for the Mashburn expansion and debt service, and SPLOST 6 balances drawing down after recent cluster construction spending.
Forsyth County Schools financial staff told the school board Oct. 28 that the district's cash position and fund balances are lower than at the same point last year as capital projects and debt service payments continue to draw on reserves.
"We started the month off with about $112,500,000 in cash equivalents and ended the month about 98.5," said Larry Hammel during the finance report, noting receipts from the tax…
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