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CFO says July cash down from start-of-month but attributes change to reserves and project transfers
Summary
CFO Larry Hamill reported July 2025 beginning cash around $182 million and ending cash about $146 million, explained transfers to reserves and the Mashburn extension, and noted collection-rate and special-fund activity as the district begins FY2026 accounting.
Larry Hamill, chief financial officer for Forsyth County Schools, presented the July 2025 financial statements at the Aug. 19 board meeting, describing the month as the first of the 2026 accounting period.
Hamill said the district began the month with roughly $182,000,000 in cash and ended July with about $146,000,000, compared with about $152,000,000 at the same time last year. He attributed a large portion of the change to…
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