Miss Ross presented the October financial update and said the district’s adjusted education fund receipts are projected at roughly $93 million, about $6 million below earlier 1782 budget projections. She said the district had planned larger transfers to the operations fund but will reduce that amount to avoid negative balances — noting $1 million has already been transferred and the goal is to transfer another $2 million later to stabilize operations.

Miss Ross highlighted that the district can carry forward prior year encumbered purchase orders to avoid exceeding spending authority and that median monthly expenditures for wages and benefits are trending down. She projected an education fund month‑end cash balance of about $3.5 million and an operations fund balance of about $3.1 million; the rainy day fund remained at $6.7 million.

She also warned that adjustments to state tuition support tied to ADM (fall counts) could reduce revenue further, estimating about $900,000 less in both November and December due to ADM adjustments. The finance presentation included cost‑savings and avoidance measures to date (about $3.3 million) and enumerated staffing and professional services changes that contributed to savings.

Why it matters: Lower-than-expected ADM and state tuition support reduce district receipts and constrain transfers between funds, which could affect program decisions in the coming budget cycle. Miss Ross said staff are monitoring large claims for insurance and will file in time for stop‑loss carriers where appropriate.

Next steps: The administration will continue regular financial monitoring, pursue identified cost‑savings, and report back as the ADM and tuition adjustments are finalized.