CFO: October snapshot shows about $3 million more revenue; child nutrition fund restricted to program use

Stan Osborne, chief financial officer for South San Antonio ISD, presented the district’s October financial snapshot at the Nov. 17 board meeting. Osborne said monthly financial reports are presented one month in arrears and showed year‑over‑year comparisons; in October the district received roughly $3 million more revenue than the prior year driven by hold‑harmless adjustments.

Osborne told trustees the district is approximately 17% into the fiscal year and that variations from the 17% benchmark can be explained in context. On the child nutrition fund, he said revenue is ahead of last year and expenditures are slightly behind this month; any surplus remains in the program’s fund balance and is restricted by the Texas Education Agency and the Texas Department of Agriculture. "Those funds are restricted in use... it's typically spent on food services equipment," Osborne said in response to trustee questions.

Trustees asked whether the food‑service fund surplus could be used for other purposes; Osborne reiterated the restrictions and noted standard practice is to grow the fund balance slowly and use it for program needs. He also said the finance team will monitor delinquent collections and program targets throughout the year.

What’s next: The board will continue to receive monthly financial reports; trustees may request follow‑up detail from the CFO on year‑to‑date movements and the monitoring plan for delinquent collections.

Source: Presentation and Q&A with Stan Osborne, chief financial officer, Nov. 17, 2025, South San Antonio ISD board meeting.