Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Board approves midyear budget revisions; estimates $1.3M drawdown in general fund
Summary
The board approved midyear revisions to the 2024‑25 budget, including increased revenue estimates and higher transportation and personnel costs; staff expect a roughly $1.3 million drawdown in unassigned general fund balance by year end.
The Roseville Area School Board voted Jan. 29 to approve midyear budget revisions for the 2024‑25 fiscal year, adopting revised revenue and expenditure estimates and describing an expected drawdown in unassigned general fund balance.
Director of Business Services Sherry Thompson summarized the midyear adjustments. The district’s audited beginning fund balance (July 1, 2024) was reported as $15,593,000. General‑fund revenues were revised upward overall by about $2.03…
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
