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Business administrator: district revenue came in about $5 million higher than budgeted; reserves may grow by $8–9M
Box Elder School District Board of Education · July 10, 2025
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Summary
Neil, the district business administrator, told the board operational revenue was about $141 million versus a $136 million budget, noting $1.8 million more in personal-property taxes and about $700,000 additional interest earnings; he estimated a possible $8–9 million increase to reserves and pledged improved forecasting.
Neil, the district’s business administrator, gave the monthly financial report and said the district budgeted $136,000,000 for operational revenue but had received about $141,000,000 so far this fiscal year.
He attributed the variance in part to a 1.5%…
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