Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
CFO presents FY25 close and FY27 budget parameters; district reports higher than budgeted revenue and stronger fund balance
Summary
Chief Financial Officer Lonita Broom presented FY25 unaudited results and FY27 budget parameters: FY25 revenue came in above budget (unaudited), expenditures were below budget, and ending fund balance improved; the board will discuss FY27 allotment guidelines and parameters at a Nov. 18 retreat and target final FY27 budget adoption in June 2026.
Chief Financial Officer Lonita Broom provided an unaudited review of fiscal year 2025 and presented parameters and priorities for the FY27 budget. Ms. Broom said FY25 budgeted revenue was $104,300,000 and budgeted expenditures $106,500,000; actual unaudited collections exceeded the FY25 budget by roughly $4,000,000, driven primarily by higher tax collections and…
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
