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Dallas School District reports about 6.99% ending fund balance; $8 million in capital projects available
Summary
District staff told the board the estimated ending general fund balance is about 6.99%; staff said August showed positive cash flow after bringing in $2.5 million and spending $1.3 million, and roughly $8,000,000 remains available for capital projects; final closeout figures will be provided at the October meeting.
Staff member (Speaker 1) told the Dallas School District board the district’s estimated ending general fund balance is about 6.99 percent as the administration completes its year‑end closeout work.
The presenter said the district brought $2.5 million into the general fund this month and expended $1.3 million, producing positive cash flow for August. Appropriations are “on target” so far, and the presenter said the district is still finalizing its closeout and expects final figures after field testing next month.
The financial report also includes the capital projects summary, which the presenter said is fully spent and encumbered to date except for roughly $8,000,000 that remains available for new projects. The presenter said the board will receive final closeout numbers at the October meeting.
Board members asked clarifying questions about the ending balance and timing; the presenter reiterated the district is mid‑closeout and will provide the completed numbers next month. A board member thanked "James" for the quick turnaround on the materials.
The item concluded with no formal motion or vote recorded on the financial report; staff will return with the finalized figures at the next meeting.
