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District finance chief: Wenatchee ends 2024–25 with $13.2M fund balance, but reserves drew down $1.9M
Summary
Executive Director Sean Fitzgerald reported a $13.2 million ending fund balance for 2024–25, a favorable $2.7M variance to budget, but a $1.9M net drawdown in reserves driven by transfers to capital for HVAC and roofing repairs and the end of ESSER funds.
Sean Fitzgerald, the district's executive director of business and finance, presented the 2024–25 year‑end financial report to the Wenatchee School District Board of Directors, reporting revenues of roughly $127.5 million (about 99% of budget including capacity) and expenditures of about $128.6 million.
Fitzgerald said the district finished the year with an ending fund balance of nearly $13.2 million — a roughly $2.7 million favorable variance to the budget — but also noted a $1.9 million drawdown of reserves over the year. He attributed the variance to a mix of factors: additional local effort assistance, budgeted positions filled internally, slight enrollment gains…
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