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District fiscal report: fund balance rebounds; state funding and enrollment drove revenue gains
Summary
District staff told the board the Arlington School District closed fiscal 2024—025 with a larger general fund balance driven by higher-than-expected state revenues tied to enrollment; the presentation outlined revenue mix, expenditures and audit timelines.
Gina Zuttenhorst presented the Arlington School District's 2024—025 F196 fiscal year-end financial summary to the board, highlighting a rise in the general fund balance and shifts in revenue and expenditure categories.
"The primary thing that you will likely notice right away is that our fund balance has increased," Zuttenhorst said, reporting an increase of approximately $1,694,000 and an ending general fund balance she gave as about $2,900,000. She told the board that the district's revenue mix remains heavily weighted…
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