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Pullman board hears finance report showing a roughly $1.7 million operating shortfall; staff outline steps to restore fund balance
Summary
The district reported 2023–24 revenues near $41 million and expenditures just under $43 million, leaving an approximate $1.7 million gap. Finance staff said they will pursue budget-saving strategies to reach a 7.5% ending fund balance and avoid binding conditions.
The Pullman School District finance director presented year-end figures showing revenues of roughly $41 million and expenditures of almost $43 million, producing an operating shortfall the district estimated around $1.7 million for 2023–24.
Finance Director Diane told the board the district finished the fiscal year with a fund-balance pattern that peaked at 9.87% in August and dropped to 6.02% by September. Under current budget assumptions, staff said some months project ending…
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