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Consultants and staff report FY25 near-balance after grant reclassifications

Town of Uxbridge School Committee
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Summary

Open Architect consultants and district finance staff reported June 24 that FY25 closeout looks balanced after grant reclassifications and conservative spending; committee requested a detailed retrospective showing sources of roughly $400,000 in favorable variance.

Open Architect consultants and Town of Uxbridge finance staff told the school committee on June 24 that after reclassifying grant funds and closing purchase orders, the district's fiscal year 2025 close is projected to be essentially balanced.

Jen (Open Architect) and finance staff detailed reclassifications to revolving-account offsets, including a circuit-breaker reclassification of $2,007,000 (down from an…

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