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DPSCD finance committee: July results show healthier cash position but budget risks remain
Summary
District finance staff reported July revenue outperformed forecasts, with $2.7 million collected on the capital debt millage and more than 12 weeks of cash on hand; officials warned state and federal budget moves could still affect the year-end outlook.
District finance staff told the Detroit Public Schools Community District finance committee on Aug. 13 that July 2025 produced stronger-than-expected liquidity but flagged several external risks.
A presenter reported the district "received collections on the 13 mil capital debt of approximately $2,700,000" and said the district did not receive operating-debt millage collections in July, which often arrive at the start of the next month. The presenter said revenue for the first month…
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