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Bentonville board hears budget update; expenditures exceed revenues ahead of tax receipt

BENTONVILLE SCHOOL DISTRICT Board of Education · May 21, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

District finance officer reported a $61.4M all-funds balance, an operating revenue increase of about $6.6M and expenditures up about $8.0M; a $1.1M shortfall is expected to reverse with the district's large tax receipt.

Dr. Schwanhauser briefed the board on fiscal status at the close of period 10, saying the district is 83% through the school year and the all-funds balance stands at $61,400,000 — down roughly $4.2 million from the prior year because of building-fund project…

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