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District finance update: expenditures outpaced revenues through December; paving contract named
Summary
Finance director reported a $4.17 million shortfall through Dec. 31 and reviewed the 2025–26 budget calendar; operations staff announced a cement/asphalt contract award and contractor Budd Group presented local staffing and quality metrics.
The Chester County School District's finance director told trustees in January that revenues through Dec. 31 totaled $25,946,306 while expenditures were $30,111,483, meaning expenditures exceeded revenues by $4,165,177.
Greg McDowell said tax receipts are expected to post soon and that the district typically receives a county treasurer's update between the 10th and 15th of the month. He reviewed…
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