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Finance director reports small revenue uptick; state aid uncertainty and federal meal funding delay flagged
Summary
Mr. Cook presented September financial statements, reporting a month-over-month revenue increase and noting risks tied to state aid timing and federal meal reimbursements.
KIRKWOOD, Mo. — The Kirkwood R-VII Board of Education received the district’s financial statements for September 2025 and discussed revenue variability tied to state and federal sources.
Mr. Cook reported operating revenues in September were up about $300,000 from August and noted a Prop C payment for fiscal year 2026 of roughly $644,000. He said state formula receipts showed an increase in September — more than $800,000 for the month, about $200,000 higher than August — and that roughly $150,000 of that rise was attributable to summer-school average daily attendance being added to weighted ADA.
Mr. Cook said state formula payments in September were calculated on an S.A.T. of 6,900 and that administrators do not expect the higher S.A.T. projection used earlier in budgeting to materialize; final adjustments are typically resolved in the final month of payments, in June. "There's a lot of doubt among state officials that we're gonna hit our target," he said.
On federal funding, Mr. Cook said carryover money for school meals should last the district through November but cautioned that a federal payment shutdown into December could delay or reduce reimbursements for some districts.
Operating expenditures for the reporting period were just over $7,000,000, about 15.9% of budgeted expenses year to date. The self-funded insurance fund balance at the end of the month was $882,587, up from $706,000 in September of the prior year.
After the presentation, the board approved the financial statements by voice vote.
